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First Trust Specialty Finance And Financial Opportunities Fund Increases Quarterly Distribution From $0.0825 To $0.10 Per Share

Benzinga ·  May 14 04:24

First Trust Specialty Finance and Financial Opportunities Fund (the "Fund") (NYSE:FGB) has increased its regularly scheduled quarterly distribution to $0.10 per share from $0.0825 per share The distribution will be payable on May 31, 2024, to shareholders of record as of May 23, 2024. The ex-dividend date is expected to be May 22, 2024. The quarterly distribution information for the Fund appears below.

First Trust Specialty Finance and Financial Opportunities Fund (FGB):

Distribution per share:$0.10
Distribution Rate based on the May 10, 2024 NAV of $4.47:8.95%
Distribution Rate based on the May 10, 2024 closing market price of $3.88:10.31%
Increase from previous distribution of $0.0825:21.21%
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