First Trust Energy Income & Growth Fund (FEN) Declares Quarterly Dividend of $0.58
First Trust Energy Income & Growth Fund (NYSE:FEN) announced a quarterly dividend on Wednesday, October 11th, Wall Street Journal reports. Stockholders of record on Monday, October 23rd will be paid a dividend of 0.58 per share by the investment management company on Tuesday, October 31st. This represents a $2.32 dividend on an annualized basis and a dividend yield of 9.35%. The ex-dividend date of this dividend is Friday, October 20th.
First Trust Energy Income & Growth Fund has raised its dividend by an average of 3.9% per year over the last three years.
Shares of First Trust Energy Income & Growth Fund (NYSE FEN) traded down 0.08% during midday trading on Wednesday, hitting $24.80. The stock had a trading volume of 75,749 shares. The stock has a 50-day moving average of $24.42 and a 200 day moving average of $25.49. First Trust Energy Income & Growth Fund has a 52 week low of $23.15 and a 52 week high of $28.48.
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About First Trust Energy Income & Growth Fund
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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