First Trust Senior Fltng Rate Incm Fd II (NYSE:FCT) declared a monthly dividend on Thursday, February 20th, Zacks reports. Stockholders of record on Tuesday, March 3rd will be given a dividend of 0.083 per share by the investment management company on Monday, March 16th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 8.46%. The ex-dividend date of this dividend is Monday, March 2nd.
First Trust Senior Fltng Rate Incm Fd II has increased its dividend by an average of 7.6% per year over the last three years and has increased its dividend every year for the last 1 years.
Shares of NYSE:FCT traded down $0.36 during trading on Friday, reaching $11.78. The stock had a trading volume of 204,279 shares, compared to its average volume of 76,863. The business has a fifty day moving average price of $12.55 and a 200-day moving average price of $12.15. First Trust Senior Fltng Rate Incm Fd II has a fifty-two week low of $11.57 and a fifty-two week high of $12.79.
First Trust Senior Fltng Rate Incm Fd II Company Profile
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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