First Trust Mortgage Income Fund (FMY) To Go Ex-Dividend on October 1st

First Trust Mortgage Income Fund (NYSE:FMY) declared a monthly dividend on Thursday, September 19th, NASDAQ reports. Stockholders of record on Tuesday, October 1st will be given a dividend of 0.075 per share on Tuesday, October 15th. This represents a $0.90 annualized dividend and a dividend yield of 7.16%. The ex-dividend date is Tuesday, October 1st.

First Trust Mortgage Income Fund has increased its dividend by an average of 8.4% annually over the last three years.

First Trust Mortgage Income Fund Trading Up 1.2 %

NYSE FMY opened at $12.57 on Friday. First Trust Mortgage Income Fund has a 12 month low of $10.71 and a 12 month high of $12.63. The company’s 50 day simple moving average is $12.34 and its 200 day simple moving average is $12.06.

First Trust Mortgage Income Fund Company Profile

First Trust Mortgage Income Fund is a closed-ended fixed income mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Brookfield Investment Management Inc The fund invests in fixed income markets. It seeks to invest in fixed income securities including mortgage-backed securities, consisting of pass-through certificates, collateralized mortgage obligations, residential mortgage-backed securities, and commercial mortgage-backed securities.