1ST TR SR FR 20/COM (NYSE:FIV) announced a monthly dividend on Monday, July 20th, Zacks reports. Investors of record on Tuesday, August 4th will be given a dividend of 0.018 per share on Monday, August 17th. This represents a $0.22 annualized dividend and a yield of 2.56%. The ex-dividend date of this dividend is Monday, August 3rd.
FIV opened at $8.43 on Friday. The business has a 50 day moving average price of $8.34 and a 200 day moving average price of $8.32. 1ST TR SR FR 20/COM has a twelve month low of $5.23 and a twelve month high of $9.37.
In other 1ST TR SR FR 20/COM news, insider David Mcgarel purchased 7,374 shares of the business’s stock in a transaction dated Thursday, July 9th. The stock was bought at an average cost of $8.29 per share, for a total transaction of $61,130.46.
1ST TR SR FR 20/COM Company Profile
First Trust Senior Floating Rate 2022 Target Term Fund is a closed-ended fixed income mutual fund launched and managed by First Trust Advisors L.P. The fund invests in fixed income markets across the globe. It invests in senior loan of any maturity to create its portfolio. The fund employs bottom-up fundamental analysis to make its investments.
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