First Trust New Opprtnts MLP & Engy Fd (NYSE:FPL) to Issue Monthly Dividend of $0.08

First Trust New Opprtnts MLP & Engy Fd (NYSE:FPL) declared a monthly dividend on Tuesday, April 23rd, Wall Street Journal reports. Investors of record on Tuesday, July 2nd will be given a dividend of 0.075 per share by the investment management company on Monday, July 15th. This represents a $0.90 annualized dividend and a yield of 9.12%. The ex-dividend date is Monday, July 1st.

First Trust New Opprtnts MLP & Engy Fd has decreased its dividend payment by an average of 2.5% annually over the last three years.

First Trust New Opprtnts MLP & Engy Fd stock traded up $0.08 during trading on Friday, hitting $9.87. The stock had a trading volume of 190,065 shares, compared to its average volume of 124,473. First Trust New Opprtnts MLP & Engy Fd has a 1 year low of $6.93 and a 1 year high of $11.06. The company’s 50 day moving average price is $9.35.

First Trust New Opprtnts MLP & Engy Fd Company Profile

First Trust New Opportunities MLP & Energy Fund is a closed-ended balanced mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Energy Income Partners LLC. The fund invests in the public equity and fixed income markets of the United States. It seeks to invest in securities of companies operating in the energy and utilities sectors.

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Dividend History for First Trust New Opprtnts MLP & Engy Fd (NYSE:FPL)

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