First Trust Energy Income & Growth Fund (FEN) Announces $0.58 Quarterly Dividend
First Trust Energy Income & Growth Fund (NYSE:FEN) declared a quarterly dividend on Tuesday, July 11th, Wall Street Journal reports. Shareholders of record on Tuesday, July 25th will be given a dividend of 0.58 per share by the investment management company on Monday, July 31st. This represents a $2.32 annualized dividend and a yield of 9.20%. The ex-dividend date of this dividend is Friday, July 21st.
First Trust Energy Income & Growth Fund has raised its dividend payment by an average of 3.9% per year over the last three years.
First Trust Energy Income & Growth Fund (FEN) traded down 0.393% during trading on Tuesday, reaching $25.121. 45,548 shares of the company’s stock traded hands. The firm’s 50 day moving average is $25.57 and its 200-day moving average is $26.60. First Trust Energy Income & Growth Fund has a 12 month low of $23.15 and a 12 month high of $28.48.
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First Trust Energy Income & Growth Fund Company Profile
First Trust Energy Income and Growth Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to seek a high level of after-tax total return with an emphasis on current distributions paid to shareholders. The Fund seeks to provide its shareholders with a vehicle to invest in a portfolio of securities of energy companies.
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