First Trust Specialty Finance and Financial Opportunities Fund (NYSE:FGB) Declares Quarterly Dividend of $0.10

First Trust Specialty Finance and Financial Opportunities Fund (NYSE:FGB) announced a quarterly dividend on Tuesday, November 12th,Wall Street Journal reports. Investors of record on Friday, November 22nd will be paid a dividend of 0.10 per share by the closed-end fund on Monday, December 2nd. This represents a $0.40 dividend on an annualized basis and a yield of 9.46%. The ex-dividend date is Friday, November 22nd.

First Trust Specialty Finance and Financial Opportunities Fund has decreased its dividend by an average of 8.8% annually over the last three years.

First Trust Specialty Finance and Financial Opportunities Fund Stock Performance

Shares of FGB stock opened at $4.23 on Wednesday. First Trust Specialty Finance and Financial Opportunities Fund has a twelve month low of $3.26 and a twelve month high of $4.29. The stock’s fifty day simple moving average is $4.12 and its 200 day simple moving average is $3.97.

About First Trust Specialty Finance and Financial Opportunities Fund

First Trust Specialty Finance and Financial Opportunities Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Confluence Investment Management LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the specialty finance and other financial sectors.