First Trust Senior Floating Rate Income Fund II (NYSE:FCT – Get Free Report) announced a monthly dividend on Monday, April 22nd, Wall Street Journal reports. Stockholders of record on Thursday, May 2nd will be given a dividend of 0.097 per share by the investment management company on Wednesday, May 15th. This represents a $1.16 annualized dividend and a dividend yield of 11.27%. The ex-dividend date of this dividend is Wednesday, May 1st.
First Trust Senior Floating Rate Income Fund II has decreased its dividend payment by an average of 2.3% annually over the last three years and has increased its dividend every year for the last 1 years.
First Trust Senior Floating Rate Income Fund II Trading Up 0.1 %
Shares of FCT stock opened at $10.33 on Monday. First Trust Senior Floating Rate Income Fund II has a 52-week low of $9.45 and a 52-week high of $10.42. The stock has a fifty day simple moving average of $10.21 and a two-hundred day simple moving average of $9.99.
About First Trust Senior Floating Rate Income Fund II
First Trust Senior Floating Rate Income Fund II is a closed-ended fixed income mutual fund launched and managed by First Trust Advisors L.P. The fund invests in the fixed income markets of the United States. It seeks to invest in a portfolio of senior secured floating rate corporate loans. The fund benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index.
Featured Articles
- Five stocks we like better than First Trust Senior Floating Rate Income Fund II
- The Role Economic Reports Play in a Successful Investment Strategy
- 3 Stocks With Unusual Call Option Buying Activity
- Using the MarketBeat Stock Split Calculator
- DoorDash: 5 Compelling Reasons to Buy the Dip
- What is Forex and How Does it Work?
- 3 Companies Buying Back Cheap Stock Lately
Receive News & Ratings for First Trust Senior Floating Rate Income Fund II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Senior Floating Rate Income Fund II and related companies with MarketBeat.com's FREE daily email newsletter.