First Trust Flexible Municipal High Income ETF (NASDAQ:MFLX) Announces Dividend Increase – $0.06 Per Share

First Trust Flexible Municipal High Income ETF (NASDAQ:MFLX) announced a monthly dividend on Thursday, August 20th. Shareholders of record on Friday, August 21st will be given a dividend of 0.062 per share by the technology company on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date is Friday, August 21st. This is a 1.6% increase from First Trust Flexible Municipal High Income ETF’s previous monthly dividend of $0.06.

First Trust Flexible Municipal High Income ETF Price Performance

MFLX opened at $16.90 on Friday. The firm has a market capitalization of $21.12 million, a price-to-earnings ratio of 16.57 and a beta of 0.38. The company’s 50 day simple moving average is $17.18 and its two-hundred day simple moving average is $17.16. First Trust Flexible Municipal High Income ETF has a 1-year low of $16.30 and a 1-year high of $17.95.

First Trust Flexible Municipal High Income ETF Company Profile

Multi-Fineline Electronix, Inc is engaged in the engineering, design and manufacture of flexible circuit boards along with related component assemblies. The Company provides flexible printed circuits and value-added component assembly solutions to the electronics industry. The Company provides its solutions to original equipment manufacturers (OEMs) and to electronic manufacturing services (EMS) providers. The Company offers products in a range of sectors, including smartphones, tablets, computer/data storage, portable bar code scanners, personal computers, wearables and other consumer electronic devices.