First Trust Senior Fltng Rate Incm Fd II (NYSE:FCT) Plans $0.07 Monthly Dividend

First Trust Senior Fltng Rate Incm Fd II (NYSE:FCT) declared a monthly dividend on Monday, July 22nd, NASDAQ reports. Stockholders of record on Friday, August 2nd will be paid a dividend of 0.073 per share by the investment management company on Thursday, August 15th. This represents a $0.88 annualized dividend and a dividend yield of 7.26%. The ex-dividend date is Thursday, August 1st.

First Trust Senior Fltng Rate Incm Fd II has decreased its dividend payment by an average of 6.5% per year over the last three years.

Shares of FCT stock opened at $12.07 on Wednesday. The company has a 50-day moving average of $12.01. First Trust Senior Fltng Rate Incm Fd II has a 52-week low of $10.85 and a 52-week high of $12.92.

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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