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

First Trust Senior Floating Rate Income Fund II (NYSE:FCT) declared a dividend on Thursday, June 20th, NASDAQ reports. Stockholders of record on Monday, July 1st will be given a dividend of 0.097 per share by the investment management company on Monday, July 15th. The ex-dividend date is Monday, July 1st.

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

First Trust Senior Floating Rate Income Fund II Price Performance

First Trust Senior Floating Rate Income Fund II stock opened at $10.16 on Friday. First Trust Senior Floating Rate Income Fund II has a twelve month low of $9.51 and a twelve month high of $10.59. The firm has a 50 day moving average price of $10.33 and a 200-day moving average price of $10.13.

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.