First Trust Energy Income & Growth Fund (NYSEAMERICAN:FEN) announced a quarterly dividend on Friday, January 11th, Wall Street Journal reports. Stockholders of record on Wednesday, January 23rd will be given a dividend of 0.58 per share on Thursday, January 31st. This represents a $2.32 dividend on an annualized basis and a dividend yield of 11.06%. The ex-dividend date is Tuesday, January 22nd.
First Trust Energy Income & Growth Fund has raised its dividend payment by an average of 0.9% annually over the last three years.
Shares of First Trust Energy Income & Growth Fund stock opened at $20.98 on Friday. First Trust Energy Income & Growth Fund has a 52-week low of $17.81 and a 52-week high of $28.00.
First Trust Energy Income and Growth Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Energy Income Partners, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the energy sector, including companies in the business of transporting, processing, storing, distributing, or marketing natural gas, natural gas liquids (including propane), crude oil, refined petroleum products, coal or electricity, or exploring, developing, managing or producing such commodities or products, or in supplying energy-related products and services.
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