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

Angel Oak Financial Strategies Income Term Trust (NYSE:FINSGet Free Report) declared a monthly dividend on Monday, April 1st, Zacks reports. Shareholders of record on Tuesday, April 16th will be given a dividend of 0.109 per share on Tuesday, April 30th. This represents a $1.31 annualized dividend and a dividend yield of 10.55%. The ex-dividend date is Monday, April 15th.

Angel Oak Financial Strategies Income Term Trust has decreased its dividend by an average of 1.4% annually over the last three years and has increased its dividend annually for the last 1 consecutive years.

Angel Oak Financial Strategies Income Term Trust Price Performance

FINS stock opened at $12.40 on Wednesday. Angel Oak Financial Strategies Income Term Trust has a one year low of $11.61 and a one year high of $12.55. The company’s 50 day moving average price is $12.31 and its two-hundred day moving average price is $12.11.

Institutional Trading of Angel Oak Financial Strategies Income Term Trust

A number of hedge funds have recently modified their holdings of FINS. Bank of America Corp DE boosted its stake in Angel Oak Financial Strategies Income Term Trust by 14.0% in the 1st quarter. Bank of America Corp DE now owns 98,173 shares of the company’s stock worth $1,550,000 after purchasing an additional 12,047 shares in the last quarter. Stifel Financial Corp boosted its stake in Angel Oak Financial Strategies Income Term Trust by 7.6% in the 3rd quarter. Stifel Financial Corp now owns 118,058 shares of the company’s stock worth $1,421,000 after purchasing an additional 8,325 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in Angel Oak Financial Strategies Income Term Trust by 7.7% in the 1st quarter. Envestnet Asset Management Inc. now owns 93,116 shares of the company’s stock worth $1,148,000 after purchasing an additional 6,671 shares in the last quarter. Nations Financial Group Inc. IA ADV bought a new position in Angel Oak Financial Strategies Income Term Trust in the 1st quarter worth about $853,000. Finally, Jane Street Group LLC bought a new position in Angel Oak Financial Strategies Income Term Trust in the 4th quarter worth about $366,000.

Angel Oak Financial Strategies Income Term Trust Company Profile

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

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