First Trust High Income Strategic Focus ETF (NASDAQ:HISF) Increases Dividend to $0.17 Per Share

First Trust High Income Strategic Focus ETF (NASDAQ:HISF) declared a monthly dividend on Monday, April 22nd, NASDAQ reports. Shareholders of record on Wednesday, April 24th will be given a dividend of 0.1666 per share on Tuesday, April 30th. This represents a $2.00 annualized dividend and a yield of 4.63%. The ex-dividend date of this dividend is Tuesday, April 23rd. This is a boost from First Trust High Income Strategic Focus ETF’s previous monthly dividend of $0.16.

First Trust High Income Strategic Focus ETF Stock Up 0.2 %

HISF stock opened at $43.22 on Wednesday. First Trust High Income Strategic Focus ETF has a 52 week low of $41.73 and a 52 week high of $44.98. The company has a fifty day simple moving average of $43.98 and a two-hundred day simple moving average of $43.78. The firm has a market capitalization of $32.41 million, a P/E ratio of 0.06 and a beta of 0.46.

First Trust High Income Strategic Focus ETF Company Profile

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.