First Trust Senior Floating Rate Income Fund II (FCT) to Issue Dividend of $0.10 on November 15th

First Trust Senior Floating Rate Income Fund II (NYSE:FCT) announced a dividend on Monday, October 21st, NASDAQ reports. Shareholders of record on Friday, November 1st will be paid a dividend of 0.097 per share by the investment management company on Friday, November 15th. The ex-dividend date is Friday, November 1st.

First Trust Senior Floating Rate Income Fund II has increased its dividend payment by an average of 6.2% per year over the last three years.

First Trust Senior Floating Rate Income Fund II Stock Performance

Shares of FCT opened at $10.35 on Wednesday. The business has a 50-day simple moving average of $10.33 and a two-hundred day simple moving average of $10.29. First Trust Senior Floating Rate Income Fund II has a 52 week low of $9.51 and a 52 week high of $10.93.

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.