First Trust Dividend and Income Fund (FAV) Declares $0.17 Quarterly Dividend; 7.9% Yield

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First Trust Dividend and Income Fund Declares Quarterly Distribution of $0.17 Per Share

April 11, 2016 8:54 PM EDT

WHEATON, Ill.--(BUSINESS WIRE)-- First Trust Dividend and Income Fund (the Fund) (NYSE: FAV) today declared its regularly scheduled quarterly distribution payable on April 29, 2016, to shareholders of record as of April 26, 2016. The ex-dividend date is expected to be April 22, 2016. The quarterly distribution information for the Fund appears below.

First Trust Dividend and Income Fund (FAV):

        Distribution per share: $0.17 Distribution Rate based on the April 8, 2016 NAV of $8.92:... More