First Trust Energy Income & Growth Fund (NYSEAMERICAN:FEN) declared a quarterly dividend on Thursday, April 11th, Wall Street Journal reports. Shareholders of record on Tuesday, April 23rd will be given a dividend of 0.58 per share on Tuesday, April 30th. This represents a $2.32 annualized dividend and a dividend yield of 10.54%. The ex-dividend date of this dividend is Monday, April 22nd.
First Trust Energy Income & Growth Fund has raised its dividend by an average of 0.9% per year over the last three years.
Shares of NYSEAMERICAN FEN opened at $22.01 on Friday. First Trust Energy Income & Growth Fund has a 12 month low of $17.81 and a 12 month high of $23.79.
First Trust Energy Income and Growth Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Energy Income Partners, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the energy sector, including companies in the business of transporting, processing, storing, distributing, or marketing natural gas, natural gas liquids (including propane), crude oil, refined petroleum products, coal or electricity, or exploring, developing, managing or producing such commodities or products, or in supplying energy-related products and services.
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