First Trust Energy Infrastructure Fund About To Put More Money In Your Pocket (FIF)

Looking at the universe of stocks we cover at Dividend Channel, on 7/1/15, First Trust Energy Infrastructure Fund ( FIF) will trade ex-dividend, for its monthly dividend of $0.11, payable on 7/15/15. As a percentage of FIF's recent stock price of $20.39, this dividend works out to approximately 0.54%, so look for shares of First Trust Energy Infrastructure Fund to trade 0.54% lower — all else being equal — when FIF shares open for trading on 7/1/15.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for FIF, showing historical dividends prior to the most recent $0.11 declared by First Trust Energy Infrastructure Fund:

FIF+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from FIF is likely to continue, and whether the current estimated yield of 6.47% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of FIF shares, versus its 200 day moving average:

First Trust Energy Infrastructure Fund 200 Day Moving Average Chart

If you liked this article you might like

Ex-Dividend Alert: 3 Stocks Going Ex-Dividend Monday: IID, FIF, FEI

Dividend Watch: 3 Stocks Going Ex-Dividend Tomorrow: FIF, FI, NGG

Dividend Watch: 3 Stocks Going Ex-Dividend Monday: IID, FIF, CNNX

3 Stocks With Upcoming Ex-Dividend Dates: IID, IGA, FIF

Dividend Watch: 3 Stocks Going Ex-Dividend Tomorrow: FHY, FIF, TVPT