First Trust High Income Strategic Focus ETF (NASDAQ:HISF) to Issue Dividend Increase – $0.18 Per Share

First Trust High Income Strategic Focus ETF (NASDAQ:HISF) announced a monthly dividend on Thursday, November 20th. Shareholders of record on Friday, November 21st will be paid a dividend of 0.184 per share on Friday, November 28th. This represents a c) dividend on an annualized basis and a yield of 4.9%. The ex-dividend date is Friday, November 21st. This is a 2.2% increase from First Trust High Income Strategic Focus ETF’s previous monthly dividend of $0.18.

First Trust High Income Strategic Focus ETF Trading Up 0.1%

NASDAQ HISF opened at $45.21 on Friday. The stock has a market capitalization of $58.77 million, a price-to-earnings ratio of 0.06 and a beta of 0.31. The business’s 50 day moving average is $45.30 and its two-hundred day moving average is $44.76. First Trust High Income Strategic Focus ETF has a 12-month low of $43.22 and a 12-month high of $45.61.

About First Trust High Income Strategic Focus ETF

The First Trust High Income Strategic Focus ETF (HISF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund uses a fund-of-funds structure to primarily seek income across a broad range of fixed income securities of US and non-US issuers. HISF was launched on Aug 13, 2014 and is managed by First Trust.