First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) Declares $0.13 Monthly Dividend

First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) announced a monthly dividend on Wednesday, May 20th. Investors of record on Monday, June 1st will be given a dividend of 0.125 per share on Thursday, June 25th. This represents a c) dividend on an annualized basis and a dividend yield of 11.1%. The ex-dividend date of this dividend is Monday, June 1st.

First Trust High Yield Opportunities 2027 Term Fund Stock Performance

FTHY opened at $13.50 on Thursday. The stock’s 50 day simple moving average is $13.52 and its 200 day simple moving average is $13.86. First Trust High Yield Opportunities 2027 Term Fund has a 1-year low of $13.20 and a 1-year high of $14.98.

First Trust High Yield Opportunities 2027 Term Fund (NYSE: FTHY) is a closed-end management investment company organized as a diversified term fund. Scheduled to terminate in 2027, the fund seeks to provide shareholders with high current income and the potential for capital appreciation through a portfolio of fixed-income securities. It operates under the management of First Trust Advisors L.P., a subsidiary of First Trust, and utilizes professional research and risk-management processes to construct its holdings.

The fund primarily invests in U.S.