First Trust Senior Floating Rate 2022 Target Term Fund of Beneficial Interest (FIV) To Go Ex-Dividend on December 28th

First Trust Senior Floating Rate 2022 Target Term Fund of Beneficial Interest (NYSE:FIV) announced a monthly dividend on Wednesday, December 20th, Wall Street Journal reports. Stockholders of record on Friday, December 29th will be paid a dividend of 0.0417 per share on Tuesday, January 16th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 5.43%. The ex-dividend date of this dividend is Thursday, December 28th.

Shares of First Trust Senior Floating Rate 2022 Target Term Fund of Beneficial Interest (NYSE FIV) traded up $0.02 during midday trading on Friday, hitting $9.22. 786,840 shares of the stock were exchanged, compared to its average volume of 109,233. First Trust Senior Floating Rate 2022 Target Term Fund of Beneficial Interest has a fifty-two week low of $9.02 and a fifty-two week high of $10.29.

In other news, insider David Mcgarel purchased 5,000 shares of the business’s stock in a transaction dated Wednesday, December 6th. The stock was acquired at an average price of $9.16 per share, for a total transaction of $45,800.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

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