Dividend Information on First Trust Senior Floating Rate Income Fund II: Everything You Need to Know Before its Ex-Dividend Date Jul 1, 2025

First Trust Senior Floating Rate Income Fund II (FCT) has announced a dividend of $0.097 per share, with the ex-dividend date set for Jul 1, 2025, and the payment date scheduled for Jul 15, 2025. This announcement was made on Jun 18, 2025. The current dividend is higher compared to the average of the last ten dividends, which stands at $0.080 per share. Previously, on Jun 16, 2025, the company also declared a dividend of $0.097 per share. Both dividends are categorized as cash dividends.

Recently, First Trust Senior Floating Rate Income Fund II has been under scrutiny due to concerns regarding its unsustainable 11.68% yield amid recent Federal Reserve rate cuts. Analysts have suggested that this could impact the fund's performance and overall sustainability. Over the past week, the fund's stock opened at $9.96 and saw a slight increase of 0.3%, reflecting the ongoing market dynamics. Discussions have emerged around the timing of trades in FCT, highlighting the risks involved without proper discipline. Furthermore, there's been a decline in investor positions, with Kingswood Wealth Advisors LLC reportedly lowering their stake in the fund. This move indicates a cautious approach among investors as they navigate the current financial landscape.

As of late, First Trust Advisors L.P. has declared distributions for a significant number of exchange-traded funds, including FCT. This announcement aligns with the broader strategy of maintaining consistent distributions despite market fluctuations. Despite challenges, the fund's trading activity reflects resilience, with stock performance aligning closely with recent market trends. Analysts have emphasized the need for strategic planning and informed decision-making to mitigate risks associated with fluctuating interest rates and market volatility.

In conclusion, FCT's recent dividend announcement and market activities provide valuable insights into the fund's current standing. Investors should note that Jul 1, 2025, is the last day to purchase shares and be eligible for the upcoming dividend. Any acquisitions made after this date will not qualify for this dividend distribution.