1ST TR ENERGY I/SH to Issue Monthly Dividend of $0.11 (FIF)

1ST TR ENERGY I/SH (NYSE:FIF) declared a monthly dividend on Thursday, February 21st, Wall Street Journal reports. Shareholders of record on Monday, March 4th will be given a dividend of 0.11 per share by the investment management company on Friday, March 15th. This represents a $1.32 dividend on an annualized basis and a yield of 8.53%. The ex-dividend date of this dividend is Friday, March 1st.

1ST TR ENERGY I/SH has decreased its dividend by an average of 7.4% per year over the last three years.

NYSE FIF traded down $0.07 during trading on Thursday, reaching $15.48. The company’s stock had a trading volume of 132,238 shares, compared to its average volume of 76,687. 1ST TR ENERGY I/SH has a twelve month low of $12.26 and a twelve month high of $17.20.

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1ST TR ENERGY I/SH Company Profile

First Trust Energy Infrastructure Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Energy Income Partners LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the energy infrastructure sector, including pipeline companies, utilities, and other companies that derive at least 50% of their revenues from operating or providing services in support of infrastructure assets such as pipelines, power transmission, and petroleum and natural gas storage in the petroleum, natural gas, and power generation industries.

See Also: Why Net Income is Important to Investors

Dividend History for 1ST TR ENERGY I/SH (NYSE:FIF)

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