First Trust High Income: Dividend Insights
Portfolio Pulse from Benzinga Insights
First Trust High Income (NYSE:FSD) announced a monthly dividend of 10.5 cents per share, with Wednesday being the last day for investors to be eligible for the dividend. The stock will go ex-dividend on Thursday, meaning it will likely open 10.5 cents lower. Shareholders owning FSD by the end of Wednesday will receive the dividend on February 15, 2024.
January 29, 2024 | 2:46 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
First Trust High Income (FSD) will pay a 10.5 cents monthly dividend, with shares expected to open lower by the dividend amount on the ex-dividend date.
FSD's stock price is likely to decrease by the dividend amount on the ex-dividend date as the dividend value is accounted for in the stock price. This is a common occurrence and is typically priced in by the market.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100