First Trust Specialty Finance and Financial Opportunities Fund (FGB) To Go Ex-Dividend on February 24th

First Trust Specialty Finance and Financial Opportunities Fund (NYSE:FGB) announced a quarterly dividend on Monday, February 10th, Wall Street Journal reports. Investors of record on Monday, February 24th will be given a dividend of 0.10 per share by the closed-end fund on Friday, February 28th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 8.69%. The ex-dividend date is Monday, February 24th.

First Trust Specialty Finance and Financial Opportunities Fund has increased its dividend by an average of 8.2% annually over the last three years.

First Trust Specialty Finance and Financial Opportunities Fund Stock Up 0.5 %

Shares of NYSE:FGB opened at $4.61 on Friday. The company has a 50 day moving average of $4.36 and a 200-day moving average of $4.17. First Trust Specialty Finance and Financial Opportunities Fund has a twelve month low of $3.39 and a twelve month high of $4.64.

About First Trust Specialty Finance and Financial Opportunities Fund

First Trust Specialty Finance and Financial Opportunities Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Confluence Investment Management LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the specialty finance and other financial sectors.