First Trust Municipal High Income ETF (FMHI) to Distribute Monthly Dividend of $0.18 on September 30th

First Trust Municipal High Income ETF (NASDAQ:FMHI) announced a monthly dividend on Wednesday, September 23rd. Shareholders of record on Thursday, September 24th will be paid a dividend of $0.1790 per share on Wednesday, September 30th. This represents a $2.15 annualized dividend and a yield of 4.7%. The ex-dividend date is Thursday, September 24th. This is a 0.6% increase from First Trust Municipal High Income ETF’s previous monthly dividend of $0.1780.

First Trust Municipal High Income ETF Price Performance

Shares of NASDAQ FMHI opened at $45.44 on Friday. First Trust Municipal High Income ETF has a fifty-two week low of $45.29 and a fifty-two week high of $48.73. The business has a 50-day simple moving average of $47.22 and a two-hundred day simple moving average of $47.80.

About First Trust Municipal High Income ETF

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.