1ST TR ENERGY I/SH (NYSE:FIF) announced a monthly dividend on Monday, April 20th, NASDAQ reports. Investors of record on Thursday, July 2nd will be given a dividend of 0.063 per share by the investment management company on Wednesday, July 15th. This represents a $0.76 annualized dividend and a dividend yield of 7.70%. The ex-dividend date is Wednesday, July 1st.
FIF stock opened at $9.82 on Monday. The stock’s 50 day simple moving average is $10.86 and its 200 day simple moving average is $13.10. 1ST TR ENERGY I/SH has a 12-month low of $6.05 and a 12-month high of $17.50.
In related news, insider James Murchie acquired 6,500 shares of the stock in a transaction that occurred on Wednesday, May 27th. The stock was purchased at an average cost of $11.11 per share, for a total transaction of $72,215.00.
1ST TR ENERGY I/SH Company Profile
First Trust Energy Infrastructure Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Energy Income Partners LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the energy infrastructure sector, including pipeline companies, utilities, and other companies that derive at least 50% of their revenues from operating or providing services in support of infrastructure assets such as pipelines, power transmission, and petroleum and natural gas storage in the petroleum, natural gas, and power generation industries.
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