First Trust High Income Strategic Focus ETF (NASDAQ:HISF) Plans Dividend Increase – $0.19 Per Share

First Trust High Income Strategic Focus ETF (NASDAQ:HISF) announced a monthly dividend on Thursday, February 19th. Stockholders of record on Friday, February 20th will be given a dividend of 0.193 per share on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 5.1%. The ex-dividend date is Friday, February 20th. This is a 2.9% increase from First Trust High Income Strategic Focus ETF’s previous monthly dividend of $0.19.

First Trust High Income Strategic Focus ETF Stock Down 0.4%

NASDAQ:HISF traded down $0.17 during mid-day trading on Friday, reaching $45.33. 380 shares of the stock were exchanged, compared to its average volume of 18,356. The stock has a market capitalization of $86.13 million, a P/E ratio of 0.06 and a beta of 0.31. First Trust High Income Strategic Focus ETF has a 1 year low of $43.22 and a 1 year high of $45.61. The company has a 50 day simple moving average of $45.25 and a 200-day simple moving average of $45.20.

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.