First Trust Senior Fltng Rate Incm Fd II Declares Monthly Dividend of $0.06 (FCT)

First Trust Senior Fltng Rate Incm Fd II (NYSE:FCT) announced a monthly dividend on Tuesday, October 23rd, Wall Street Journal reports. Shareholders of record on Friday, November 2nd will be given a dividend of 0.06 per share by the investment management company on Thursday, November 15th. This represents a $0.72 dividend on an annualized basis and a yield of 5.87%. The ex-dividend date is Thursday, November 1st.

First Trust Senior Fltng Rate Incm Fd II has decreased its dividend by an average of 2.1% per year over the last three years.

NYSE FCT traded up $0.06 on Tuesday, reaching $12.27. 66,225 shares of the stock were exchanged, compared to its average volume of 80,816. First Trust Senior Fltng Rate Incm Fd II has a one year low of $12.15 and a one year high of $13.42.

About First Trust Senior Fltng Rate Incm Fd 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.

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Dividend History for First Trust Senior Fltng Rate Incm Fd II (NYSE:FCT)

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