First Trust Senior Loan ETF (NASDAQ:FTSL) announced a monthly dividend on Wednesday, May 20th, Zacks reports. Stockholders of record on Friday, May 22nd will be paid a dividend of 0.145 per share on Friday, May 29th. This represents a $1.74 annualized dividend and a dividend yield of 3.89%. The ex-dividend date is Thursday, May 21st.
First Trust Senior Loan ETF has raised its dividend payment by an average of 0.9% annually over the last three years and has raised its dividend annually for the last 2 consecutive years.
Shares of FTSL traded up $0.13 during mid-day trading on Friday, hitting $44.75. The company’s stock had a trading volume of 7,345 shares, compared to its average volume of 424,707. The company’s 50-day moving average is $43.87 and its 200-day moving average is $45.98. First Trust Senior Loan ETF has a 52-week low of $34.85 and a 52-week high of $48.21.
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