In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from FMY is likely to continue, and whether the current estimated yield of 6.54% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of FMY shares, versus its 200 day moving average:
Looking at the chart above, FMY's low point in its 52 week range is $11.40 per share, with $12.39 as the 52 week high point — that compares with a last trade of $12.04.
Free Report: Top 8%+ Dividends (paid monthly)
First Trust Mortgage Income Fund is in our coverage universe of monthly dividend paying stocks. In Wednesday trading, First Trust Mortgage Income Fund shares are currently down about 0.3% on the day.
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »
Also see:
Air Services Other Dividend Stocks Institutional Holders of XLYC
Top Stocks Held By Ken Fisher
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
