First Trust Senior Floating Rate Income Fund II (FCT) to Issue Monthly Dividend of $0.10 on March 17th

Posted by Jessica Moore on Mar 1st, 2025

First Trust Senior Floating Rate Income Fund II (NYSE:FCT – Get Free Report) announced a monthly dividend on Thursday, February 20th, Wall Street Journal reports. Stockholders of record on Monday, March 3rd will be paid a dividend of 0.097 per share by the investment management company on Monday, March 17th. This represents a $1.16 annualized dividend and a dividend yield of 11.23%. The ex-dividend date of this dividend is Monday, March 3rd.

First Trust Senior Floating Rate Income Fund II has raised its dividend by an average of 23.5% per year over the last three years.

First Trust Senior Floating Rate Income Fund II Trading Up 0.0 %

Shares of First Trust Senior Floating Rate Income Fund II stock opened at $10.37 on Friday. First Trust Senior Floating Rate Income Fund II has a 52 week low of $9.76 and a 52 week high of $10.93. The company’s 50-day moving average price is $10.38 and its two-hundred day moving average price is $10.35.

Insider Buying and Selling

In other First Trust Senior Floating Rate Income Fund II news, insider James A. Bowen sold 3,955 shares of First Trust Senior Floating Rate Income Fund II stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $10.41, for a total value of $41,171.55. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

About First Trust Senior Floating Rate Income Fund II

(Get Free Report)

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.