First Trust Municipal High Income ETF (NASDAQ:FMHI) Plans Monthly Dividend of $0.16

First Trust Municipal High Income ETF (NASDAQ:FMHI) announced a monthly dividend on Wednesday, November 20th,NASDAQ Dividends reports. Investors of record on Thursday, November 21st will be given a dividend of 0.163 per share on Friday, November 29th. This represents a $1.96 annualized dividend and a dividend yield of 4.01%. The ex-dividend date is Thursday, November 21st.

First Trust Municipal High Income ETF Stock Up 0.2 %

FMHI stock traded up $0.09 during mid-day trading on Thursday, reaching $48.81. 49,997 shares of the stock traded hands, compared to its average volume of 70,848. The business has a 50-day moving average of $49.02 and a two-hundred day moving average of $48.72. First Trust Municipal High Income ETF has a 52 week low of $45.71 and a 52 week high of $49.51.

First Trust Municipal High Income ETF Company Profile

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.