Angel Oak Financial Strategies Income Term Trust (NYSE:FINS – Get Free Report) announced a monthly dividend on Wednesday, April 1st. Investors of record on Thursday, April 16th will be given a dividend of 0.115 per share on Thursday, April 30th. This represents a c) annualized dividend and a dividend yield of 10.7%. The ex-dividend date is Thursday, April 16th.
Angel Oak Financial Strategies Income Term Trust Price Performance
NYSE FINS opened at $12.84 on Tuesday. Angel Oak Financial Strategies Income Term Trust has a twelve month low of $12.38 and a twelve month high of $13.55. The business’s fifty day moving average is $12.93 and its 200 day moving average is $13.06.
About Angel Oak Financial Strategies Income Term Trust
Angel Oak Financial Strategies Income Term Trust (NYSE: FINS) is a closed-end, diversified management investment trust that commenced operations in early 2023. Organized as a Delaware statutory trust, FINS is structured with a defined termination date, at which point the trust will liquidate and distribute remaining assets to shareholders. Shares of the trust trade on the New York Stock Exchange, providing investors access to a yield-oriented portfolio through a single security.
The trust seeks to generate current income principally through investments in a broad array of structured credit instruments.
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