Comprehensive Insights on First Trust Senior Floating Rate Income Fund II: Essential Details Before the Ex-Dividend Date Jun 2, 2025

First Trust Senior Floating Rate Income Fund II (FCT) has recently announced a cash dividend of $0.097 per share, with an ex-dividend date of Jun 2, 2025, and a dividend payment date of Jun 16, 2025. This dividend exceeds the average of the last ten dividends, which stood at approximately $0.080 per share. The previous dividend, disbursed on May 15, 2025, was also $0.097 per share. Both dividends are categorized as cash dividends.

Over the past week, notable events surrounding First Trust Senior Floating Rate Income Fund II have captured significant attention. Recently, it was reported that First Trust Advisors L.P. declared a monthly common share distribution of $0.097 per share for June, confirming the company's commitment to consistent shareholder returns. Additionally, Cetera Investment Advisers has increased its holdings in FCT by 5.7%, indicating growing investor confidence in the fund's potential. This strategic move highlights the potential appeal of the fund to institutional investors.

Moreover, since the last update, the fund's stock opened at $9.87, reflecting a dynamic trading environment. The stock has experienced a 12-month range between $8.61 and $10.93, showcasing its volatility and potential for price movements. Analysts have noted these fluctuations as indicative of broader market trends affecting similar financial instruments.

In conclusion, the current dividend announcement underscores the fund's strong financial health and commitment to rewarding its investors. With the ex-dividend date set for Jun 2, 2025, investors must act before this date to qualify for the upcoming dividend distribution. Any purchases made after this date will not be eligible for the dividend payout.