NASDAQ:FTSL

First Trust Senior Loan Fund ETF Dividends

NASDAQ Stock Exchange > Financial Services > Asset Management

$46.16

+0.0300 (+0.0650%)

At Close: Oct 11, 2024

First Trust Senior Loan Fund ETF ETF Dividends Overview

FTSL used to pay dividends monthly. Last paid amount was $0.293 at May 31, 2024. As of today, dividend yield (TTM) is 5.20%.

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 FTSL

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Dividend Analysis

Key Stats

Dividend Yield (TTM)	5.20%
Frequency	Monthly
1Y Growth	-0.85%
Payout Ratio	0
Amount Per Share	$0.293
First Trust Senior Loan Fund ETF has not yet announced its next dividend date. Last payment date was: May 31, 2024.

FTSL Dividend Payout History

To ensure a understanding of FTSL'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
1	May 20, 2024	May 21, 2024	May 31, 2024	$0.293	0.635%
2	Apr 22, 2024	Apr 23, 2024	Apr 30, 2024	$0.295	0.642%
3	Mar 21, 2024	Mar 21, 2024	Mar 28, 2024	$0.300	0.649%
4	Feb 20, 2024	Feb 21, 2024	Feb 29, 2024	$0.300	0.650%
5	Jan 22, 2024	Jan 23, 2024	Jan 31, 2024	$0.308	0.671%
6	Dec 22, 2023	Dec 22, 2023	Dec 29, 2023	$0.303	0.657%
7	Nov 20, 2023	Nov 21, 2023	Nov 30, 2023	$0.295	0.645%
8	Oct 23, 2023	Oct 24, 2023	Oct 31, 2023	$0.295	0.649%
9	Sep 21, 2023	Sep 22, 2023	Sep 29, 2023	$0.300	0.656%
10	Aug 21, 2023	Aug 22, 2023	Aug 31, 2023	$0.305	0.666%

FTSL Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from FTSL 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 FTSL ETF here.

Comparing FTSL to Sector and Country

FTSL pays a solid dividend yield of 5.20%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.506%). FTSL’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (7.38%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of FTSL's dividend payments?

The amount of FTSL'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 FTSL sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from FTSL stock be automatically reinvested?

If FTSL 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 FTSL stock.

How often does FTSL pay dividend?

First Trust Senior Loan Fund ETF (FTSL) used to pay dividends monthly. The most recent payout was on May 31, 2024.

How much does FTSL pays per share?

The last recorder (May 21, 2024) dividend per share was $0.293.

What is FTSL dividend growth rate?

Over the last year, First Trust Senior Loan Fund ETF has witnessed growth rate of -0.85% . Looking back over the past 3 years, this growth rate has been 32.76%. Furthermore, examining the past 5 years, First Trust Senior Loan Fund ETF has maintained an average Dividends Per Share Growth Rate of 11.46%.

ABOUT FIRST TRUST SENIOR LOAN FUND ETF

The investment seeks to provide high current income; the fund's secondary investment objective is the preservation of capital. Under normal market conditions, the fund seeks to outperform each of the Primary index and Secondary index by investing at least 80% of its net assets (including investment borrowings) in first lien senior floating rate bank loans ("Senior Loans"). It is non-diversified....

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