Dividend Information About First Trust Mortgage Income Fund: Key Details Before Ex-Dividend Date on Sep 2, 2025

First Trust Mortgage Income Fund (FMY) has announced a cash dividend of $0.070 per share, set to be paid on Sep 15, 2025, to shareholders of record as of Sep 2, 2025. The ex-dividend date is Sep 2, 2025, marking the last day investors can purchase FMY shares and still be eligible for the dividend. The announcement was made on Aug 20, 2025. This payout is lower than the average of the last 10 dividends, which stood at approximately $0.089 per share. Meanwhile, the last dividend was declared on Aug 15, 2025, also at $0.070 per share, indicating a continuation of the recent payout level.

Recently, FMY has seen a mix of market activity and institutional investor movements. On Aug 15, 2025, Sit Investment Associates Inc executed a strategic transaction involving FMY, reducing its stake by 37,922 shares, which impacted its portfolio by -0.01%. Over the past week, FMY shares rose 1.2% on Thursday, trading as high as $12.39 and closing at $12.35. This marked a significant increase in trading volume, with 43,725 shares exchanged—684% above the average. Analysts indicated that the stock is currently trading above both its 50-day and 200-day moving averages, at $12.20 and $12.10, respectively. Additionally, as of late, the fund has been highlighted for its upcoming dividend, with a yield of approximately 6.8% based on the current payout and stock price.

Institutional investors have also made notable adjustments to their holdings in FMY. During the first quarter of 2025, Jones Financial Companies Lllp significantly increased its position by 4,163.3%, acquiring 318,282 additional shares, while Global Assets Advisory LLC entered a new position valued at around $271,000. Noble Wealth Management PBC also raised its stake by 6.2%. These developments suggest continued institutional confidence in FMY despite recent market fluctuations.

Given these factors, the fund remains a key player in the mortgage-backed securities market, with a focus on fixed income investments such as pass-through certificates and collateralized mortgage obligations. Investors should be aware that the ex-dividend date of Sep 2, 2025, is the final day to purchase shares in order to qualify for the upcoming dividend. Any purchase made after this date will not be eligible for the distribution.