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First Trust Senior Floating Rate Income Fund II Stock Dividends Overview

FCT pays dividends monthly. Last paid amount was $0.0970 at Apr 15, 2024. As of today, dividend yield (TTM) is 11.62%.

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.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 11.62%
Frequency Monthly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.0970
Next Ex-Dividend Date May 01, 2024
Next Payment Date May 15, 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
71 Jun 21, 2018 Jul 02, 2018 Jul 16, 2018 $0.0600 0.470%
72 May 22, 2018 Jun 01, 2018 Jun 15, 2018 $0.0600 0.467%
73 Apr 20, 2018 May 01, 2018 May 15, 2018 $0.0600 0.459%
74 Mar 21, 2018 Apr 02, 2018 Apr 16, 2018 $0.0600 0.450%
75 Feb 22, 2018 Mar 01, 2018 Mar 15, 2018 $0.0600 0.465%
76 Jan 23, 2018 Feb 01, 2018 Feb 15, 2018 $0.0600 0.464%
77 Dec 21, 2017 Jan 02, 2018 Jan 16, 2018 $0.0640 0.498%
78 Nov 21, 2017 Dec 01, 2017 Dec 15, 2017 $0.0640 0.495%
79 Oct 20, 2017 Nov 01, 2017 Nov 15, 2017 $0.0640 0.498%
80 Sep 21, 2017 Oct 02, 2017 Oct 16, 2017 $0.0660 0.494%

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 (21.76%)

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 11.62%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.81%). 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 (10.94%).

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 270.747M $0.0970 11.62% 55.97%
EMF
Templeton Emerging Markets Fund 190.173M $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 Apr 15, 2024. The upcoming dividend Ex Date is May 01, 2024, with an amount of $0.0970.

How much does FCT pays per share?
The last recorder (Apr 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 -0.341%. Furthermore, examining the past 5 years, First Trust Senior Floating Rate Income Fund II has maintained an average Dividends Per Share Growth Rate of 9.01%.
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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

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