Angel Oak Financial Strategies Income Term Trust (NYSE:FINS) Plans $0.11 Monthly Dividend

Angel Oak Financial Strategies Income Term Trust (NYSE:FINSGet Free Report) declared a monthly dividend on Monday, April 1st, Zacks reports. Shareholders of record on Tuesday, April 16th will be given a dividend of 0.109 per share on Tuesday, April 30th. This represents a $1.31 annualized dividend and a yield of 10.57%. The ex-dividend date is Monday, April 15th.

Angel Oak Financial Strategies Income Term Trust has decreased its dividend by an average of 1.4% annually over the last three years and has raised its dividend annually for the last 1 consecutive years.

Angel Oak Financial Strategies Income Term Trust Stock Performance

Shares of FINS stock opened at $12.37 on Friday. The firm’s 50 day moving average price is $12.34 and its 200-day moving average price is $12.14. Angel Oak Financial Strategies Income Term Trust has a one year low of $11.61 and a one year high of $12.55.

Institutional Investors Weigh In On Angel Oak Financial Strategies Income Term Trust

Large investors have recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. purchased a new stake in shares of Angel Oak Financial Strategies Income Term Trust in the 4th quarter valued at approximately $126,000. Comerica Bank purchased a new stake in shares of Angel Oak Financial Strategies Income Term Trust in the 3rd quarter valued at approximately $206,000. First Trust Advisors LP purchased a new position in shares of Angel Oak Financial Strategies Income Term Trust in the 3rd quarter valued at $269,000. SFI Advisors LLC grew its position in shares of Angel Oak Financial Strategies Income Term Trust by 53.9% in the 1st quarter. SFI Advisors LLC now owns 22,043 shares of the company’s stock valued at $272,000 after buying an additional 7,722 shares during the last quarter. Finally, Susquehanna International Group LLP purchased a new position in shares of Angel Oak Financial Strategies Income Term Trust in the 4th quarter valued at $286,000.

Angel Oak Financial Strategies Income Term Trust Company Profile

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See Also

Dividend History for Angel Oak Financial Strategies Income Term Trust (NYSE:FINS)

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