First Trust Senior Floating Rate Income Fund II Announces Monthly Dividend of $0.10 (NYSE:FCT)

First Trust Senior Floating Rate Income Fund II (NYSE:FCT) declared a monthly dividend on Wednesday, November 20th,NASDAQ Dividends reports. Stockholders of record on Monday, December 2nd will be given a dividend of 0.097 per share by the investment management company on Monday, December 16th. This represents a $1.16 annualized dividend and a dividend yield of 11.15%. The ex-dividend date of this dividend is Monday, December 2nd.

First Trust Senior Floating Rate Income Fund II has raised its dividend by an average of 6.2% annually over the last three years.

First Trust Senior Floating Rate Income Fund II Trading Up 0.3 %

NYSE:FCT opened at $10.44 on Friday. First Trust Senior Floating Rate Income Fund II has a one year low of $9.64 and a one year high of $10.93. The firm’s 50 day simple moving average is $10.33 and its 200 day simple moving average is $10.30.

About First Trust Senior Floating Rate Income Fund 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.