First Trust New Opprtnts MLP & Engy Fd (NYSE:FPL) announced a monthly dividend on Thursday, April 23rd, Wall Street Journal reports. Stockholders of record on Thursday, July 2nd will be given a dividend of 0.0375 per share by the investment management company on Wednesday, July 15th. This represents a $0.45 dividend on an annualized basis and a dividend yield of 10.30%. The ex-dividend date is Wednesday, July 1st.
NYSE:FPL opened at $4.37 on Tuesday. First Trust New Opprtnts MLP & Engy Fd has a 1-year low of $2.60 and a 1-year high of $10.00. The company’s fifty day moving average price is $4.75 and its 200-day moving average price is $6.47.
About First Trust New Opprtnts MLP & Engy Fd
First Trust New Opportunities MLP & Energy Fund is a closed-ended balanced 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 and fixed income markets of the United States. It seeks to invest in securities of companies operating in the energy and utilities sectors.
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