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flag First Trust Mortgage Income Fund (FMY) announces a $0.08 monthly dividend, boosting its annual yield to 7.40%.

flag First Trust Mortgage Income Fund (FMY) has announced a monthly dividend of $0.08 per share, payable on April 15th to shareholders of record on April 1st. flag This dividend represents an annual yield of 7.40% and an annualized amount of $0.90. flag The fund has increased its dividend by an average of 39.3% annually over the past three years. flag FMY's stock price was $12.16 at midday trading on the announcement day, with a 52-week price range of $11.48 to $12.72.

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