First Trust Municipal High Income ETF (NASDAQ:FMHI) Announces $0.16 Monthly Dividend

First Trust Municipal High Income ETF (NASDAQ:FMHI) announced a monthly dividend on Tuesday, January 21st,NASDAQ Dividends reports. Investors of record on Wednesday, January 22nd will be given a dividend of 0.163 per share on Friday, January 31st. This represents a $1.96 annualized dividend and a yield of 4.05%. The ex-dividend date of this dividend is Wednesday, January 22nd.

First Trust Municipal High Income ETF Stock Performance

Shares of FMHI stock opened at $48.25 on Thursday. First Trust Municipal High Income ETF has a fifty-two week low of $47.14 and a fifty-two week high of $49.51. The company has a 50 day moving average price of $48.57 and a 200 day moving average price of $48.83.

About First Trust Municipal High Income ETF

The First Trust Municipal High Income ETF (FMHI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that holds a broad range of US municipal bonds. FMHI was launched on Nov 1, 2017 and is managed by First Trust.