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

First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) declared a monthly dividend on Thursday, December 19th,Wall Street Journal reports. Shareholders of record on Thursday, January 2nd will be given a dividend of 0.125 per share on Monday, January 27th. This represents a $1.50 dividend on an annualized basis and a yield of 10.24%. The ex-dividend date is Thursday, January 2nd.

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

First Trust High Yield Opportunities 2027 Term Fund Stock Performance

Shares of NYSE:FTHY traded up $0.22 during trading on Friday, reaching $14.65. The stock had a trading volume of 138,069 shares, compared to its average volume of 119,971. The business has a fifty day moving average price of $14.71 and a 200-day moving average price of $14.63. First Trust High Yield Opportunities 2027 Term Fund has a fifty-two week low of $13.59 and a fifty-two week high of $15.13.

Insider Buying and Selling at First Trust High Yield Opportunities 2027 Term Fund

In other news, insider James A. Bowen bought 4,370 shares of the firm’s stock in a transaction dated Monday, September 30th. The stock was acquired at an average price of $15.20 per share, for a total transaction of $66,424.00. Following the acquisition, the insider now owns 123,370 shares of the company’s stock, valued at $1,875,224. This trade represents a 3.67 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.