First Trust High Yield Opportunities 2027 Term Fund (FTHY) To Go Ex-Dividend on May 1st

First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) announced a monthly dividend on Tuesday, April 22nd, Wall Street Journal reports. Stockholders of record on Thursday, May 1st will be paid a dividend of 0.125 per share on Tuesday, May 27th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 10.55%. The ex-dividend date of this dividend is Thursday, May 1st.

First Trust High Yield Opportunities 2027 Term Fund has raised its dividend payment by an average of 5.5% per year over the last three years.

First Trust High Yield Opportunities 2027 Term Fund Price Performance

Shares of NYSE FTHY opened at $14.22 on Tuesday. First Trust High Yield Opportunities 2027 Term Fund has a 1-year low of $12.84 and a 1-year high of $15.13. The company has a 50-day moving average of $14.20 and a two-hundred day moving average of $14.49.

Insider Activity at First Trust High Yield Opportunities 2027 Term Fund

In related news, insider James A. Bowen acquired 30,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 12th. The stock was acquired at an average cost of $14.46 per share, with a total value of $433,800.00. Following the completion of the purchase, the insider now directly owns 169,500 shares in the company, valued at approximately $2,450,970. This trade represents a 21.51 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.