FTAI is up +138.36% since Oct ’23 pick View All Top Buy Picks

First Trust Senior Floating Rate Income Fund II Stock Dividends Overview

FCT pays dividends monthly. Last paid amount was $0.0970 at May 15, 2024. As of today, dividend yield (TTM) is 11.55%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
AI Analysis of FCT
Powered by GPT-4o
New!
Dividend Analysis

Key Stats

Dividend Yield (TTM) 11.55%
Frequency Monthly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.0970
Next Ex-Dividend Date Jun 03, 2024
Next Payment Date Jun 17, 2024

FCT Dividend Payout History

To ensure a understanding of FCT's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
111 Mar 20, 2015 Apr 01, 2015 Apr 15, 2015 $0.0720 0.521%
112 Feb 20, 2015 Mar 02, 2015 Mar 16, 2015 $0.0720 0.525%
113 Jan 21, 2015 Feb 02, 2015 Feb 17, 2015 $0.0720 0.543%
114 Dec 23, 2014 Jan 02, 2015 Jan 15, 2015 $0.0720 0.557%
115 Nov 20, 2014 Dec 01, 2014 Dec 10, 2014 $0.0680 0.513%
116 Oct 20, 2014 Nov 03, 2014 Nov 17, 2014 $0.0680 0.521%
117 Sep 22, 2014 Oct 01, 2014 Oct 15, 2014 $0.0680 0.530%
118 Aug 20, 2014 Sep 02, 2014 Sep 15, 2014 $0.0680 0.496%
119 Jul 21, 2014 Aug 01, 2014 Aug 15, 2014 $0.0680 0.493%
120 Jun 19, 2014 Jul 01, 2014 Jul 15, 2014 $0.0680 0.485%

Dividend Sustainability

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Sustainability score

Good (71.93%)

Growth potential

Decrease likely (21.79%)

FCT Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from FCT dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in FCT stock here.

Comparing FCT to Sector and Country

FCT pays a solid dividend yield of 11.55%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.93%). FCT’s dividend yield is higher than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.14%).

FCT Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
FCT
First Trust Senior Floating Rate Income Fund II 266.85M $0.0970 11.55% 55.97%
EMF
Templeton Emerging Markets Fund 189.245M $0.727 6.22% -

FAQ

What factors can affect the amount of FCT's dividend payments?
The amount of FCT's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in FCT sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from FCT stock be automatically reinvested?
If FCT offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy FCT stock.

How often does FCT pay dividend?
First Trust Senior Floating Rate Income Fund II (FCT) pays dividends monthly. The most recent payout was on May 15, 2024. The upcoming dividend Ex Date is Jun 03, 2024, with an amount of $0.0970.

How much does FCT pays per share?
The last recorder (May 01, 2024) dividend per share was $0.0970.

What is FCT dividend growth rate?
Over the last year, First Trust Senior Floating Rate Income Fund II has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 2.53%. Furthermore, examining the past 5 years, First Trust Senior Floating Rate Income Fund II has maintained an average Dividends Per Share Growth Rate of 8.01%.
Click to get the best stock tips daily for free!

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. It was formerly known as First Trust/Four Corners Senior Floati... FCT Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT