First Trust Senior Floating Rate Income Fund II (FCT) To Go Ex-Dividend on March 3rd

Posted by Jim Brewer on Feb 22nd, 2025

First Trust Senior Floating Rate Income Fund II (NYSE:FCT – Get Free Report) declared a monthly dividend on Thursday, February 20th, Wall Street Journal reports. Shareholders of record on Monday, March 3rd will be given 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 11.21%. The ex-dividend date is Monday, March 3rd.

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

First Trust Senior Floating Rate Income Fund II Trading Down 0.1 %

Shares of NYSE FCT opened at $10.39 on Friday. The business’s fifty day simple moving average is $10.38 and its 200-day simple moving average is $10.34. First Trust Senior Floating Rate Income Fund II has a 12-month low of $9.76 and a 12-month high of $10.93.

Insiders Place Their Bets

In other First Trust Senior Floating Rate Income Fund II news, insider James A. Bowen sold 3,955 shares of the 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 sale was disclosed in a filing with the SEC, which is available through this link.

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.