First Trust Senior Floating Rate Income Fund II (NYSE:FCT) to Issue Monthly Dividend of $0.09

First Trust Senior Floating Rate Income Fund II (NYSE:FCT) declared a monthly dividend on Tuesday, July 20th, Zacks reports. Shareholders of record on Tuesday, August 3rd will be paid a dividend of 0.09 per share by the investment management company on Monday, August 16th. This represents a $1.08 annualized dividend and a dividend yield of 8.67%. The ex-dividend date is Monday, August 2nd. This is an increase from First Trust Senior Floating Rate Income Fund II’s previous monthly dividend of $0.09.

Shares of First Trust Senior Floating Rate Income Fund II stock traded up $0.05 during trading on Thursday, reaching $12.45. The company’s stock had a trading volume of 48,529 shares, compared to its average volume of 159,246. First Trust Senior Floating Rate Income Fund II has a 12-month low of $10.42 and a 12-month high of $12.84. The business’s 50 day simple moving average is $12.55.

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.

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

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