Comprehensive Update on First Trust Mortgage Income Fund: Key Dividend and Market Insights Ahead of Jul 1, 2025

The First Trust Mortgage Income Fund (FMY) recently announced its dividend details, with a dividend of $0.070 per share. The ex-dividend date is set for Jul 1, 2025, following the announcement on Jun 18, 2025. The payment is scheduled for Jul 15, 2025. This dividend is lower than the average of the last ten payments, which stands at $0.089. The previous dividend was issued on Jun 16, 2025, also at $0.070 per share. Both dividends are categorized as cash dividends.

Recently, FMY has been in the news for several developments. As of late, FMY has seen a slight increase in its stock price, rising by €0.06 to €12.08, reflecting a 0.56% increase on Jun 26, 2025. This uptick in value aligns with broader market trends and is seen as a positive indicator of investor confidence in the fund's performance.

Over the past week, there have been security concerns surrounding First Trust Advisors LP, affecting some users' access to certain online services. These issues stem from protective measures against potential cyber threats, highlighting the importance of cybersecurity in safeguarding financial data and maintaining investor trust.

Since the last update, FMY continues to maintain its monthly dividend distribution, with a payout of $0.070 for Jun 2025, consistent with previous months. This regularity underscores the fund's stable financial strategy and commitment to providing returns to its investors.

In conclusion, FMY's upcoming ex-dividend date on Jul 1, 2025, marks the final opportunity for investors to purchase shares and qualify for the dividend payout. Any acquisitions made post this date will not be eligible for the current dividend cycle.