First Trust Municipal High Income ETF (NASDAQ:FMHI) Plans $0.17 Monthly Dividend

First Trust Municipal High Income ETF (NASDAQ:FMHI) announced a monthly dividend on Thursday, November 20th. Shareholders of record on Friday, November 21st will be given a dividend of 0.169 per share on Friday, November 28th. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend is Friday, November 21st.

First Trust Municipal High Income ETF Price Performance

FMHI stock opened at $48.10 on Friday. The firm has a 50 day moving average of $47.87 and a two-hundred day moving average of $46.99. First Trust Municipal High Income ETF has a 12 month low of $44.80 and a 12 month high of $49.40.

About First Trust Municipal High Income ETF

The First Trust Municipal High Income ETF (FMHI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that holds a broad range of US municipal bonds. FMHI was launched on Nov 1, 2017 and is managed by First Trust.