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% |