First Trust Senior Floating Rate Income Fund II Announces Monthly Dividend of $0.06 (NYSE:FCT)

First Trust Senior Floating Rate Income Fund II (NYSE:FCT) announced a monthly dividend on Thursday, December 21st, Wall Street Journal reports. Shareholders of record on Wednesday, January 3rd will be given a dividend of 0.0635 per share by the investment management company on Tuesday, January 16th. This represents a $0.76 annualized dividend and a yield of 5.94%. The ex-dividend date of this dividend is Tuesday, January 2nd.

First Trust Senior Floating Rate Income Fund II has decreased its dividend by an average of 2.1% per year over the last three years.

First Trust Senior Floating Rate Income Fund II (NYSE FCT) traded up $0.02 during trading on Friday, reaching $12.82. The company’s stock had a trading volume of 132,908 shares, compared to its average volume of 139,876. First Trust Senior Floating Rate Income Fund II has a twelve month low of $12.62 and a twelve month high of $14.01.

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First Trust Senior Floating Rate Income Fund II Company Profile

First Trust Senior Floating Rate Income Fund II is a diversified, closed-end management investment company. The Fund’s primary investment objective is to seek a high level of current income. As a secondary objective, the Fund attempts to preserve capital. The Fund pursues these objectives by investing primarily in a portfolio of senior floating rate loan interests (Senior Loans).

Dividend History for First Trust Senior Floating Rate Income Fund II (NYSE:FCT)

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