First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) Plans Monthly Dividend of $0.13

First Trust High Yield Opportunities 2027 Term Fund (NYSE:FTHY) declared a monthly dividend on Monday, April 22nd, Wall Street Journal reports. Stockholders of record on Thursday, May 2nd will be given a dividend of 0.13 per share on Tuesday, May 28th. This represents a $1.56 annualized dividend and a dividend yield of 10.92%. The ex-dividend date is Wednesday, May 1st.

First Trust High Yield Opportunities 2027 Term Fund has increased its dividend payment by an average of 33.6% per year over the last three years and has raised its dividend every year for the last 1 years.

First Trust High Yield Opportunities 2027 Term Fund Stock Up 1.1 %

FTHY stock opened at $14.28 on Tuesday. First Trust High Yield Opportunities 2027 Term Fund has a 1 year low of $12.66 and a 1 year high of $14.74.

Insiders Place Their Bets

In related news, VP Daniel J. Lindquist purchased 3,500 shares of First Trust High Yield Opportunities 2027 Term Fund stock in a transaction that occurred on Monday, April 8th. The stock was purchased at an average cost of $14.30 per share, with a total value of $50,050.00. Following the completion of the transaction, the vice president now owns 3,500 shares of the company’s stock, valued at approximately $50,050. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other news, insider James A. Bowen acquired 20,000 shares of the stock in a transaction dated Friday, April 12th. The shares were bought at an average cost of $14.07 per share, for a total transaction of $281,400.00. Following the purchase, the insider now directly owns 106,000 shares of the company’s stock, valued at $1,491,420. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Daniel J. Lindquist bought 3,500 shares of the company’s stock in a transaction dated Monday, April 8th. The stock was purchased at an average cost of $14.30 per share, for a total transaction of $50,050.00. Following the completion of the acquisition, the vice president now owns 3,500 shares in the company, valued at approximately $50,050. The disclosure for this purchase can be found here. Insiders have acquired 93,100 shares of company stock valued at $1,335,750 in the last three months.