First Trust Municipal CEF Income Opportunity ETF to Issue Monthly Dividend of $0.06 (MCEF)

First Trust Municipal CEF Income Opportunity ETF (NASDAQ:MCEF) declared a monthly dividend on Tuesday, February 13th, Wall Street Journal reports. Shareholders of record on Wednesday, February 14th will be given a dividend of 0.055 per share on Wednesday, February 28th. This represents a $0.66 dividend on an annualized basis and a yield of 3.69%. The ex-dividend date of this dividend is Tuesday, February 13th.

First Trust Municipal CEF Income Opportunity ETF (MCEF) traded down $0.10 on Tuesday, reaching $17.89. 87,200 shares of the company’s stock were exchanged, compared to its average volume of 11,132. First Trust Municipal CEF Income Opportunity ETF has a 52-week low of $17.82 and a 52-week high of $19.39.

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