FCT (First Trust Senior Floating Rateome Fund II) Dividend Payout Ratio: 1.62 (As of Nov. 2025) — Near Median

What is First Trust Senior Floating Rateome Fund II Dividend Payout Ratio?

First Trust Senior Floating Rateome Fund II FCT -0.42% 31 Dividend Payout Ratio is 1.62 as of Nov. 2025, which is 5% above its 10-year median of 1.54. GuruFocus rates FCT with a GF Score™ of 31/100. The stock has 7 warning signs investors should review. Among 935 Asset Management companies, First Trust Senior Floating Rateome Fund II ranks worse than 82.46% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. First Trust Senior Floating Rateome Fund II's Dividend Payout Ratio for the months ended in Nov. 2025 was 1.62.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of First Trust Senior Floating Rate Income Fund II is 1.79, which seems too high.

The historical rank and industry rank for First Trust Senior Floating Rateome Fund II's Dividend Payout Ratio or its related term are showing as below:

FCT' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.85 Med: 1.54 Max: 1.92
Current: 1.79

During the past 8 years, the highest Dividend Payout Ratio of First Trust Senior Floating Rateome Fund II was 1.92. The lowest was 0.85. And the median was 1.54.

FCT's Dividend Payout Ratio is ranked worse than
82.46% of 935 companies
in the Asset Management industry
Industry Median: 0.71 vs FCT: 1.79

As of today (2026-06-24), the Dividend Yield % of First Trust Senior Floating Rateome Fund II is 12.18%.

During the past 8 years, the highest Trailing Annual Dividend Yield of First Trust Senior Floating Rateome Fund II was 12.46%. The lowest was 5.70%. And the median was 9.31%.

First Trust Senior Floating Rateome Fund II's Dividends per Share for the months ended in Nov. 2025 was $0.58.

During the past 3 years, the average Dividends Per Share Growth Rate was 7.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.90% per year.

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of First Trust Senior Floating Rateome Fund II was 17.70% per year. The lowest was -2.30% per year. And the median was 7.20% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

First Trust Senior Floating Rateome Fund II (NYSE:FCT) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

First Trust Senior Floating Rateome Fund II Dividend Payout Ratio Related Terms

First Trust Senior Floating Rateome Fund II Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for First Trust Senior Floating Rateome Fund II's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

First Trust Senior Floating Rateome Fund II Dividend Payout Ratio Chart

First Trust Senior Floating Rateome Fund II Annual Data

Trend

May18

May19

May20

May21

May22

May23

May24

May25

Dividend Payout Ratio

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0.85

0.00

1.66

0.95

1.64

First Trust Senior Floating Rateome Fund II Semi-Annual Data
	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23	May24	Nov24	May25	Nov25
Dividend Payout Ratio	Get a 7-Day Free Trial												0.80	1.17	1.39	2.01	1.62

FCT vs MMT, MCR, EIC: Dividend Payout Ratio Comparison

For the Asset Management subindustry, First Trust Senior Floating Rateome Fund II's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

First Trust Senior Floating Rateome Fund II Dividend Payout Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust Senior Floating Rateome Fund II's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where First Trust Senior Floating Rateome Fund II's Dividend Payout Ratio falls into.

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31GF Score

First Trust Senior Floating Rate Income Fund II FCT

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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First Trust Senior Floating Rateome Fund II Dividend Payout Ratio Calculation

First Trust Senior Floating Rateome Fund II's Dividend Payout Ratio for the fiscal year that ended in May. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: May. 2025 )	/	EPS without NRI (A: May. 2025 )
	=	1.164	/	0.71
	=	1.64

First Trust Senior Floating Rateome Fund II's Dividend Payout Ratio for the quarter that ended in Nov. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Nov. 2025 )	/	EPS without NRI (Q: Nov. 2025 )
	=	0.582	/	0.36
	=	1.62

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 1.62 mean?

First Trust Senior Floating Rateome Fund II (FCT) has a Dividend Payout Ratio of 1.62 as of Nov. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on First Trust Senior Floating Rateome Fund II and its competitors. This is near median its historical median of 1.54. Over the past decade, First Trust Senior Floating Rateome Fund II's Dividend Payout Ratio has ranged from 0.85 to 1.92. According to the industry distribution chart, First Trust Senior Floating Rateome Fund II ranks #771 out of 935 companies in the Asset Management industry, placing it in the top 82.5%.

Is First Trust Senior Floating Rateome Fund II's Dividend Payout Ratio too high?

First Trust Senior Floating Rateome Fund II's current Dividend Payout Ratio of 1.62 is near median its 10-year median of 1.54. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 1.92. The Asset Management industry median Dividend Payout Ratio is 0.71. First Trust Senior Floating Rateome Fund II's value of 1.62 is 128.2% above this industry median. Based on the distribution chart, First Trust Senior Floating Rateome Fund II ranks #771 out of 935 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, First Trust Senior Floating Rateome Fund II has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.

How does First Trust Senior Floating Rateome Fund II's Dividend Payout Ratio compare to MMT and MCR?

According to the Asset Management industry distribution chart, First Trust Senior Floating Rateome Fund II ranks #771 out of 935 companies for Dividend Payout Ratio. This places First Trust Senior Floating Rateome Fund II in the lower half of its industry. The industry median Dividend Payout Ratio is 0.71. First Trust Senior Floating Rateome Fund II's value of 1.62 is 128.2% above this benchmark. Historically, First Trust Senior Floating Rateome Fund II's own Dividend Payout Ratio has ranged from 0.85 to 1.92 over the past decade. While the company's 10-year median is 1.54 vs. the industry median of 0.71, First Trust Senior Floating Rateome Fund II has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Dividend Payout Ratio for an Asset Management company?

The median Dividend Payout Ratio among Asset Management companies is 0.71, based on 935 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Trust Senior Floating Rateome Fund II's current Dividend Payout Ratio of 1.62 is 128.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Dividend Payout Ratio mean?

A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on First Trust Senior Floating Rateome Fund II and its competitors. For the Asset Management industry, the median Dividend Payout Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Trust Senior Floating Rateome Fund II's current Dividend Payout Ratio is 1.62, which is near median its own 10-year median of 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is First Trust Senior Floating Rateome Fund II stock overvalued right now?

First Trust Senior Floating Rateome Fund II (FCT) has a current Dividend Payout Ratio of 1.62. The current Dividend Payout Ratio is 1.62, which is near median its 10-year median of 1.54 and 128.2% above the Asset Management industry median of 0.71. First Trust Senior Floating Rateome Fund II's overall GF Score™ is 31/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Dividend Payout Ratio calculated?

Dividend Payout Ratio is calculated from a company's financial statements. For First Trust Senior Floating Rateome Fund II (FCT), the current Dividend Payout Ratio is 1.62 as of Nov. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

First Trust Senior Floating Rateome Fund II Business Description

Industry Financial Services Asset Management

Comparable Companies MMT MCR EIC NUW PNNT CPZ GLO ERC DHY SCM BLK BX OSTO:INVE A TSX:BN KKR TSX:BAM APO STT OSTO:EQT AMP

Address 120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187

Website https://www.ftportfolios.com

First Trust Senior Floating Rate Income Fund II is a United States-based diversified, closed-end management investment company. Its investment objective is to seek a high level of current income. As a secondary objective, it attempts to preserve capital. The fund invests in a portfolio of senior secured floating-rate corporate loans (Senior Loans) of companies from different industries, such as Insurance, Software, Health Care Providers and Services, Professional Services, Health Care Technology, IT Services, and others.

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$9.56

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