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. Shareholders of record on Tuesday, October 1st will be paid a dividend of 0.075 per share on Tuesday, October 15th. This represents a $0.90 dividend on an annualized basis and a yield of 7.23%. The ex-dividend date is Tuesday, October 1st.

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

First Trust Mortgage Income Fund Stock Down 0.6 %

FMY opened at $12.44 on Friday. First Trust Mortgage Income Fund has a fifty-two week low of $10.71 and a fifty-two week high of $12.60. The business has a 50-day moving average of $12.30 and a 200-day moving average of $12.04.

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.