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

First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) declared a monthly dividend on Thursday, June 20th, NASDAQ reports. Investors of record on Monday, July 1st will be paid a dividend of 0.13 per share on Thursday, July 25th. This represents a $1.56 annualized dividend and a dividend yield of 10.89%. The ex-dividend date is Monday, July 1st.

First Trust High Yield Opportunities 2027 Term Fund has raised its dividend payment by an average of 33.6% per year over the last three years.

First Trust High Yield Opportunities 2027 Term Fund Stock Performance

NYSE:FTHY opened at $14.32 on Friday. The firm has a fifty day simple moving average of $14.17. First Trust High Yield Opportunities 2027 Term Fund has a one year low of $12.66 and a one year high of $14.74.

Insider Transactions at First Trust High Yield Opportunities 2027 Term Fund

In other news, insider James A. Bowen acquired 16,000 shares of the company’s stock in a transaction dated Wednesday, April 3rd. The shares were acquired at an average price of $14.25 per share, with a total value of $228,000.00. Following the purchase, the insider now directly owns 86,000 shares of the company’s stock, valued at $1,225,500. The purchase was disclosed in a legal filing with the SEC, which is available at this link. In other First Trust High Yield Opportunities 2027 Term Fund news, insider James A. Bowen bought 16,000 shares of the company’s stock in a transaction dated Wednesday, April 3rd. The shares were purchased at an average cost of $14.25 per share, for a total transaction of $228,000.00. Following the transaction, the insider now directly owns 86,000 shares of the company’s stock, valued at $1,225,500. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider David Mcgarel purchased 14,000 shares of First Trust High Yield Opportunities 2027 Term Fund stock in a transaction that occurred on Tuesday, June 18th. The stock was acquired at an average cost of $14.01 per share, with a total value of $196,140.00. Following the acquisition, the insider now directly owns 14,000 shares in the company, valued at approximately $196,140. The disclosure for this purchase can be found here. Insiders have purchased 57,100 shares of company stock worth $806,890 over the last quarter.