First Trust Senior Floating Rate Income Fund II (FCT) to Issue Monthly Dividend of $0.06 on January 16th

First Trust Senior Floating Rate Income Fund II (NYSE:FCT) announced a monthly dividend on Thursday, December 21st, Wall Street Journal reports. Stockholders 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 dividend on an annualized basis and a dividend yield of 5.91%. The ex-dividend date is Tuesday, January 2nd.

First Trust Senior Floating Rate Income Fund II has decreased its dividend by an average of 5.9% annually over the last three years.

Shares of First Trust Senior Floating Rate Income Fund II (NYSE:FCT) opened at $12.89 on Thursday. First Trust Senior Floating Rate Income Fund II has a 12 month low of $12.62 and a 12 month high of $14.01.

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About First Trust Senior Floating Rate Income Fund II

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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