First Trust/FIDAC Mortgage Income Fund (NYSE:FMY) declared a monthly dividend on Tuesday, October 23rd, Wall Street Journal reports. Shareholders of record on Friday, November 2nd will be paid a dividend of 0.06 per share on Thursday, November 15th. This represents a $0.72 dividend on an annualized basis and a yield of 5.50%. The ex-dividend date of this dividend is Thursday, November 1st.
First Trust/FIDAC Mortgage Income Fund has decreased its dividend by an average of 8.6% annually over the last three years.
Shares of FMY traded down $0.03 during mid-day trading on Thursday, reaching $13.09. 215 shares of the company’s stock traded hands, compared to its average volume of 6,255. First Trust/FIDAC Mortgage Income Fund has a 12 month low of $12.74 and a 12 month high of $14.37.
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First Trust/FIDAC Mortgage Income Fund Company Profile
There is no company description available for First Trust Mortgage Income Fund.
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