FCT Dividend
First Trust Senior Floating Rate Income Fund II
NYSEFinancial ServicesStockData as of
- Dividend yield
- 12.04%
- Annual dividend
- $1.16
- Payout ratio
- 2.62
- Frequency
- Monthly
- Share price
- $9.67
- Market cap
- $251M
Is FCT a good dividend stock?
What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.
- Yield is far above the marketAt 12.04%, the yield is more than three times the median of 2.88% across US dividend payers. A yield rises when a share price falls, so an unusually high figure often reflects what the market expects rather than what management has promised.
- Paying out more than it earnsA payout ratio of 2.62 means the dividend exceeds reported earnings. That can be sustained for a while from cash reserves or borrowing, but not indefinitely.
- Dividend has been cut 10 timesAcross 22 complete years, the annual total fell in 2021, 2022, 2025 and earlier. The most recent reduction was in 2025.
- Pays monthlyPayments arrive twelve times a year rather than the usual four, which suits income being drawn rather than reinvested.
FCT dividend history
Annual dividend per share, 2004 to 2025.
Recent dividend payments
| Ex-dividend date | Pay date | Amount | Type |
|---|---|---|---|
| $0.0813 | Monthly | ||
| $0.0970 | Monthly | ||
| $0.0970 | Monthly | ||
| $0.0970 | Irregular | ||
| $0.0970 | Monthly | ||
| $0.0970 | Monthly | ||
| $0.0970 | Monthly | ||
| $0.0970 | Irregular | ||
| $0.0970 | Monthly | ||
| $0.0970 | Irregular | ||
| $0.0970 | Monthly | ||
| $0.0970 | Monthly | ||
| $0.0970 | Monthly | ||
| $0.0970 | Monthly | ||
| $0.0970 | Monthly | ||
| $0.0970 | Irregular | ||
| $0.0970 | Monthly | ||
| $0.0970 | Monthly | ||
| $0.0970 | Monthly | ||
| $0.0970 | Monthly | ||
| $0.0970 | Monthly | ||
| $0.0970 | Monthly | ||
| $0.0970 | Monthly | ||
| $0.0970 | Monthly | ||
| $0.0970 | Monthly | ||
| $0.0970 | Monthly | ||
| $0.0970 | Monthly | ||
| $0.0970 | Monthly | ||
| $0.0970 | Monthly | ||
| $0.0970 | Monthly | ||
| $0.0970 | Monthly | ||
| $0.0970 | Monthly | ||
| $0.0970 | Monthly | ||
| $0.0970 | Monthly | ||
| $0.0970 | Monthly | ||
| $0.0970 | Monthly | ||
| $0.0970 | Monthly | ||
| $0.0970 | Monthly | ||
| $0.0920 | Monthly | ||
| $0.0920 | Monthly |
How much would FCT pay you?
Enter an amount and see the income this dividend would produce — per year, per payment and per month.
Calculate FCT dividend income →FCT appears in
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- THQAbrdn Healthcare Opportunities Fund12.05%
- HYTBlackRock Corporate High Yield Fund, Inc.11.98%
- HQHAbrdn Healthcare Investors12.12%
- BBDCBarings BDC, Inc.11.95%
- GBABGuggenheim Taxable Municipal Bond & Investment Grade Debt Trust12.13%
- FTHYFirst Trust High Yield Opportunities 2027 Term Fund11.92%
- GHIGreystone Housing Impact Investors LP12.18%
- RABrookfield Real Assets Income12.23%
Frequently asked questions
- Does FCT pay a dividend?
- Yes. First Trust Senior Floating Rate Income Fund II pays a monthly dividend, currently yielding 12.04% based on trailing twelve-month payments of $1.16 per share.
- How much does FCT pay in dividends?
- $1.16 per share over the last twelve months, paid monthly. Special and one-off distributions are excluded from that figure because they do not recur.
- When is the next FCT ex-dividend date?
- No upcoming ex-dividend date is currently on record for FCT. Dates appear here once the company declares them.