First Trust Senior Fltng Rate Incm Fd II (NYSE:FCT) announced a monthly dividend on Tuesday, January 21st, Zacks reports. Shareholders of record on Tuesday, February 4th will be paid a dividend of 0.083 per share by the investment management company on Tuesday, February 18th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 7.85%. The ex-dividend date is Monday, February 3rd.

First Trust Senior Fltng Rate Incm Fd II has raised its dividend by an average of 7.6% annually over the last three years and has increased its dividend annually for the last 1 consecutive years.

Shares of FCT stock traded down $0.01 during mid-day trading on Thursday, reaching $12.68. The stock had a trading volume of 10 shares, compared to its average volume of 71,407. The firm’s 50 day simple moving average is $12.43 and its 200 day simple moving average is $12.06. First Trust Senior Fltng Rate Incm Fd II has a one year low of $11.57 and a one year high of $12.75.

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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