Angel Oak Financial Strategies Income Term Trust (NYSE:FINS – Get Free Report) announced a monthly dividend on Monday, August 3rd. Investors of record on Monday, August 17th will be paid a dividend of 0.115 per share on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 11.0%. The ex-dividend date is Monday, August 17th.
Angel Oak Financial Strategies Income Term Trust Trading Up 0.7%
FINS opened at $12.60 on Tuesday. Angel Oak Financial Strategies Income Term Trust has a one year low of $12.38 and a one year high of $13.55. The business’s 50-day simple moving average is $12.72 and its 200-day simple moving average is $12.86.
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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