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.

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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

Looking at the chart above, FIF's low point in its 52 week range is $20.38 per share, with $25.23 as the 52 week high point — that compares with a last trade of $20.39.

In Monday trading, First Trust Energy Infrastructure Fund shares are currently off about 0.6% on the day.

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