Angel Oak Financial Strategies Income Term Trust Announces Monthly Dividend of $0.11 (NYSE:FINS)

Angel Oak Financial Strategies Income Term Trust (NYSE:FINSGet Rating) announced a monthly dividend on Friday, April 1st, Zacks reports. Shareholders of record on Thursday, April 14th will be paid a dividend of 0.108 per share on Friday, April 29th. This represents a $1.30 dividend on an annualized basis and a yield of 8.48%. The ex-dividend date of this dividend is Wednesday, April 13th.

Angel Oak Financial Strategies Income Term Trust stock opened at $15.29 on Tuesday. The business has a 50-day simple moving average of $16.11. Angel Oak Financial Strategies Income Term Trust has a 1 year low of $15.29 and a 1 year high of $18.53.

Hedge funds have recently added to or reduced their stakes in the stock. Morgan Stanley lifted its holdings in Angel Oak Financial Strategies Income Term Trust by 124.8% in the second quarter. Morgan Stanley now owns 1,143,908 shares of the company’s stock valued at $20,567,000 after buying an additional 634,947 shares during the period. Stifel Financial Corp lifted its stake in shares of Angel Oak Financial Strategies Income Term Trust by 128.0% during the 4th quarter. Stifel Financial Corp now owns 101,512 shares of the company’s stock worth $1,732,000 after buying an additional 56,996 shares during the last quarter. Bank of America Corp DE raised its position in shares of Angel Oak Financial Strategies Income Term Trust by 28.3% in the 2nd quarter. Bank of America Corp DE now owns 57,398 shares of the company’s stock valued at $1,032,000 after buying an additional 12,645 shares in the last quarter. Finally, Citadel Advisors LLC acquired a new position in Angel Oak Financial Strategies Income Term Trust in the 4th quarter valued at approximately $488,000.

Angel Oak Financial Strategies Income Term Trust Company Profile (Get Rating)

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Dividend History for Angel Oak Financial Strategies Income Term Trust (NYSE:FINS)

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