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

Angel Oak Financial Strategies Income Term Trust (NYSE:FINSGet Free Report) announced a monthly dividend on Wednesday, May 1st, Zacks reports. Stockholders of record on Friday, May 17th will be paid a dividend of 0.109 per share on Friday, May 31st. This represents a $1.31 annualized dividend and a dividend yield of 10.46%. The ex-dividend date of this dividend is Thursday, May 16th.

Angel Oak Financial Strategies Income Term Trust has raised its dividend by an average of 14.0% annually over the last three years.

Angel Oak Financial Strategies Income Term Trust Price Performance

NYSE FINS traded up $0.03 on Wednesday, hitting $12.50. 11,295 shares of the stock traded hands, compared to its average volume of 58,312. The business’s fifty day moving average is $12.42 and its two-hundred day moving average is $12.22. Angel Oak Financial Strategies Income Term Trust has a 12 month low of $11.61 and a 12 month high of $12.65.

Insider Buying and Selling

In other Angel Oak Financial Strategies Income Term Trust news, Portfolio Manager Johannes Palsson purchased 5,670 shares of the company’s stock in a transaction that occurred on Thursday, April 18th. The shares were bought at an average cost of $12.39 per share, for a total transaction of $70,251.30. Following the purchase, the portfolio manager now owns 46,403 shares of the company’s stock, valued at approximately $574,933.17. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Angel Oak Financial Strategies Income Term Trust Company Profile

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

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