Angel Oak Financial Strategies Income Term Trust (FINS) to Distribute Monthly Dividend of $0.12 on September 30th

Angel Oak Financial Strategies Income Term Trust (NYSE:FINS) announced a monthly dividend on Tuesday, September 1st. Stockholders of record on Wednesday, September 16th will be given a dividend of 0.115 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 11.1%. The ex-dividend date is Wednesday, September 16th.

Angel Oak Financial Strategies Income Term Trust Stock Performance

Angel Oak Financial Strategies Income Term Trust stock opened at $12.47 on Monday. Angel Oak Financial Strategies Income Term Trust has a 1 year low of $12.38 and a 1 year high of $13.55. The company’s 50-day moving average is $12.64 and its two-hundred day moving average is $12.73.

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.