FCT (First Trust Senior Floating Rateome Fund II) Dividend Yield %: 12.18% (As of Jun. 24, 2026) — 31% Above Median


FCT First Trust Senior Floating Rate Income Fund II FCT
31 GF Score
Price $9.56
! 7 Warning Signs
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What is First Trust Senior Floating Rateome Fund II Dividend Yield %?

First Trust Senior Floating Rateome Fund II FCT -0.42% 31 Dividend Yield % is 12.18% as of Jun. 24, 2026, which is 31% above its 10-year median of 9.31. GuruFocus rates FCT with a GF Score™ of 31/100. The stock has 7 warning signs investors should review. Among 1,114 Asset Management companies, First Trust Senior Floating Rateome Fund II ranks better than 87.88% on this metric.

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

Good Sign:

First Trust Senior Floating Rate Income Fund II stock Dividend Yield % is close to 10-year high.

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

FCT' s Dividend Yield % Range Over the Past 10 Years
Min: 5.7   Med: 9.31   Max: 12.46
Current: 12.18

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

FCT's Dividend Yield % is ranked better than
87.88% of 1114 companies
in the Asset Management industry
Industry Median: 6.04 vs FCT: 12.18

First Trust Senior Floating Rateome Fund II's Dividend Payout Ratio for the six 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.

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.

As of today (2026-06-24), the Forward Dividend Yield % of First Trust Senior Floating Rateome Fund II is 12.00%.

First Trust Senior Floating Rateome Fund II's Dividends per Share for the six 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 Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

First Trust Senior Floating Rateome Fund II Dividend Yield % Related Terms

First Trust Senior Floating Rateome Fund II Dividend Yield % Historical Data

* Premium members only.

The historical data trend for First Trust Senior Floating Rateome Fund II's Dividend Yield % 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 Yield % Chart

First Trust Senior Floating Rateome Fund II Annual Data
Trend May18 May19 May20 May21 May22 May23 May24 May25
Dividend Yield %
Get a 7-Day Free Trial 9.88 8.90 9.27 11.12 11.75

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 Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.67 11.12 11.15 11.75 12.00

FCT vs MMT, MCR, EIC: Dividend Yield % Comparison

For the Asset Management subindustry, First Trust Senior Floating Rateome Fund II's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Yield % vs Asset Management Industry

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

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


FCT
31GF Score
First Trust Senior Floating Rate Income Fund II FCT
Dividend Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Trust Senior Floating Rateome Fund II Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

First Trust Senior Floating Rateome Fund II Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0970002026-06-012026-06-012026-06-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0970002026-05-012026-05-012026-05-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0970002026-04-012026-04-012026-04-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0970002026-03-022026-03-022026-03-16Cash DividendmonthlyUSD:USD 1.000000
USD 0.0970002026-02-022026-02-022026-02-17Cash DividendmonthlyUSD:USD 1.000000
USD 0.0970002026-01-022026-01-022026-01-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0970002025-12-012025-12-012025-12-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0970002025-11-032025-11-032025-11-17Cash DividendmonthlyUSD:USD 1.000000
USD 0.0970002025-10-012025-10-012025-10-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0970002025-09-022025-09-022025-09-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0970002025-08-012025-08-012025-08-15Cash DividendmonthlyUSD:USD 1.000000
USD 0.0970002025-07-012025-07-012025-07-15Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

First Trust Senior Floating Rateome Fund II's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.164/9.56
=12.18 %

Current Share Price is $9.56.
First Trust Senior Floating Rateome Fund II's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.164.

First Trust Senior Floating Rateome Fund II's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.164/9.56
=12.18 %

Current Share Price is $9.56.
First Trust Senior Floating Rateome Fund II's Dividends per Share for the forward twelve months is calculated as $0.097 * 12 = $1.164.

* 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.

Frequently Asked Questions Learn more about Dividend Yield % →
What does a Dividend Yield % of 12.18% mean?
First Trust Senior Floating Rateome Fund II (FCT) has a Dividend Yield % of 12.18% as of Jun. 24, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on First Trust Senior Floating Rateome Fund II and its competitors. This is 31% above median its historical median of 9.31. Over the past decade, First Trust Senior Floating Rateome Fund II's Dividend Yield % has ranged from 5.70 to 12.46. According to the industry distribution chart, First Trust Senior Floating Rateome Fund II ranks #135 out of 1114 companies in the Asset Management industry, placing it in the top 12.1%.
Is First Trust Senior Floating Rateome Fund II's Dividend Yield % too high?
First Trust Senior Floating Rateome Fund II's current Dividend Yield % of 12.18% is 31% above median its 10-year median of 9.31. Over the past 10 years, this metric has ranged from a low of 5.70 to a high of 12.46. The Asset Management industry median Dividend Yield % is 6.04. First Trust Senior Floating Rateome Fund II's value of 12.18% is 101.7% above this industry median. Based on the distribution chart, First Trust Senior Floating Rateome Fund II ranks #135 out of 1114 companies in the Asset Management industry, which is in the top quartile — a strong position 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 Yield % compare to MMT and MCR?
According to the Asset Management industry distribution chart, First Trust Senior Floating Rateome Fund II ranks #135 out of 1114 companies for Dividend Yield %. This places First Trust Senior Floating Rateome Fund II in the top 12% of its industry — outperforming the majority of peers. The industry median Dividend Yield % is 6.04. First Trust Senior Floating Rateome Fund II's value of 12.18% is 101.7% above this benchmark. Historically, First Trust Senior Floating Rateome Fund II's own Dividend Yield % has ranged from 5.70 to 12.46 over the past decade. While the company's 10-year median is 9.31 vs. the industry median of 6.04, 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 Yield % for an Asset Management company?
The median Dividend Yield % among Asset Management companies is 6.04, based on 1,114 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % 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 Yield % of 12.18% is 101.7% 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 Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on First Trust Senior Floating Rateome Fund II and its competitors. For the Asset Management industry, the median Dividend Yield % is 6.04 — 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 Yield % is 12.18%, which is 31% above median its own 10-year median of 9.31. 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 Yield % of 12.18%. The current Dividend Yield % is 12.18%, which is 31% above median its 10-year median of 9.31 and 101.7% above the Asset Management industry median of 6.04. 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 Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For First Trust Senior Floating Rateome Fund II (FCT), the current Dividend Yield % is 12.18% as of Jun. 24, 2026. 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

Address 120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
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.
31GF Score

Get the complete analysis for FCT

Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.56
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