Streetbeat News

FMY

First Trust Mortgage Income Fund

https://www.ftportfolios.com/retail/CEF/CEFsummary.aspx?Ticker=FMY

Industry

Asset Management - Income

First Trust Mortgage Income Fund is a closed-ended fixed income mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Brookfield Investment Management Inc. The fund invests in fixed income markets. It seeks to invest in fixed income securities including mortgage-backed securities, consisting of pass-through certificates, collateralized mortgage obligations, residential mortgage-backed securities, and commercial mortgage-backed securities. The fund was formerly known as the First Trust/FIDAC Mortgage Income Fund. First Trust Mortgage Income Fund was formed on May 25, 2005 and is domiciled in United States.

Open

11.95

Mkt cap

50M

Volume

3.2K

High

12.03

P/E Ratio

16.93

52-wk high

12.72

Low

11.84

Div yield

0.08

52-wk low

11.13

Wednesday is the last day for investors to buy First Trust Mortgage Inc (NYSE:FMY) shares to be eligible for the monthly dividend payout of 8.25 cents per share. The stock will go ex-dividend on Thursday and will likely open 8.25 cents lower. The dividend will be paid on February 15, 2024.

Portfolio Pulse from Benzinga Insights

January 29, 2024 | 2:45 pm

First Trust Mortgage Inc (NYSE:FMY) has announced a monthly dividend of 7 cents per share. The stock will go ex-dividend on Wednesday, meaning it will trade lower to reflect the payout. Shareholders owning FMY by the end of Tuesday's session will be eligible for the dividend, which will be paid out on November 15, 2023.

Portfolio Pulse from Benzinga Insights

October 27, 2023 | 2:45 pm

First Trust Mortgage Inc (NYSE:FMY) has announced a monthly dividend of 6.75 cents per share. The stock will go ex-dividend on Monday, meaning it will trade lower to reflect the payout. Shareholders owning FMY by the end of Friday's session will be eligible for the dividend, which will be paid out on October 16, 2023.

Portfolio Pulse from Benzinga Insights

September 27, 2023 | 2:45 pm

First Trust Mortgage Inc (NYSE:FMY) has announced a monthly dividend of 5.5 cents per share. The stock will go ex-dividend on Tuesday, meaning it will trade lower to reflect the payout. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend. The dividend will be paid out on August 15, 2023.

Portfolio Pulse from Benzinga Insights

July 27, 2023 | 2:46 pm

First Trust Mortgage Inc (NYSE:FMY) has announced a monthly dividend of 5.5 cents per share. The ex-dividend date is Monday, meaning the stock will likely open 5.5 cents lower to reflect the payout. Shareholders who own FMY as of the end of Friday's session are eligible to receive the dividend, which will be paid out on July 17, 2023.

Portfolio Pulse from Benzinga Insights

June 28, 2023 | 2:46 pm

First Trust Mortgage Inc (NYSE:FMY) announced a monthly dividend of 5.5 cents per share, with the ex-dividend date set for Thursday. Shareholders owning FMY by the end of Wednesday's session will be eligible for the dividend payout, which will be distributed on June 15, 2023.

Portfolio Pulse from Benzinga Insights

May 29, 2023 | 2:48 pm

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