Angel Oak Financial Strategies Income Term Trust (NYSE:FINS) Shareholders to Collect $0.12 Monthly Dividend

Angel Oak Financial Strategies Income Term Trust (NYSE:FINS) announced a monthly dividend on Wednesday, September 30th. Investors of record on Friday, October 16th will be paid a dividend of $0.1150 per share on Friday, October 30th. This represents a $1.38 annualized dividend and a dividend yield of 11.5%. The ex-dividend date of this dividend is Friday, October 16th.

Angel Oak Financial Strategies Income Term Trust Trading Up 0.8%

Shares of Angel Oak Financial Strategies Income Term Trust stock opened at $11.95 on Thursday. The stock has a 50-day simple moving average of $12.46 and a 200-day simple moving average of $12.65. Angel Oak Financial Strategies Income Term Trust has a 52-week low of $11.85 and a 52-week high of $13.45.

Angel Oak Financial Strategies Income Term Trust Company Profile

Angel Oak Financial Strategies Income Term Trust is a closed-end management investment company listed on the New York Stock Exchange under the symbol FINS. The fund seeks to provide current income and, to a lesser extent, capital appreciation by investing primarily in debt instruments and other income-producing assets associated with the financial services sector.

Its portfolio may include residential mortgage-backed securities, asset-backed securities, collateralized loan obligations, corporate debt and other structured or credit-related investments.