First Trust Senior Loan ETF (NASDAQ:FTSL) announced a monthly dividend on Thursday, March 21st, Wall Street Journal reports. Shareholders of record on Friday, March 22nd will be paid a dividend of 0.1925 per share on Friday, March 29th. This represents a $2.31 annualized dividend and a yield of 4.89%. The ex-dividend date is Thursday, March 21st. This is an increase from First Trust Senior Loan ETF’s previous monthly dividend of $0.18.
First Trust Senior Loan ETF has raised its dividend by an average of 1.8% per year over the last three years.
Shares of First Trust Senior Loan ETF stock opened at $47.21 on Friday. First Trust Senior Loan ETF has a 1-year low of $45.32 and a 1-year high of $48.32.
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