First Trust Senior Loan Fund plans monthly dividend of $0.14 (NASDAQ:FTSL)


First Trust Senior Loan Fund (NASDAQ:FTSL – Get Rating) declared a monthly dividend on Thursday, March 24, Zacks reports. Shareholders of record on Monday March 28 will receive a dividend of 0.142 per share on Thursday March 31. This represents a dividend of $1.70 on an annualized basis and a dividend yield of 3.63%. The ex-dividend date is Friday, March 25.

NASDAQ:FTSL opened at $46.98 on Friday. The company’s 50-day moving average is $47.39 and its 200-day moving average is $47.72. The First Trust Senior Loan Fund has a 12 month minimum of $46.33 and a 12 month maximum of $48.31.

Hedge funds and other institutional investors have recently been buying and selling shares of the company. Wells Fargo & Company MN increased its stake in shares of First Trust Senior Loan Fund by 17.0% during the fourth quarter. Wells Fargo & Company MN now owns 2,488,810 shares of the company valued at $119,263,000 after acquiring 361,154 additional shares in the last quarter. NewEdge Advisors LLC increased its stake in shares of First Trust Senior Loan Fund by 36.0% during the fourth quarter. NewEdge Advisors LLC now owns 63,831 shares of the company valued at $3,059,000 after acquiring 16,883 additional shares in the last quarter. JPMorgan Chase & Co. increased its stake in First Trust Senior Loan Fund shares by 69.7% during the fourth quarter. JPMorgan Chase & Co. now owns 37,900 shares of the company valued at $1,816,000 after acquiring 15,567 additional shares in the last quarter. Strategic Wealth Advisors Group LLC increased its stake in shares of First Trust Senior Loan Fund by 25.0% during the fourth quarter. Strategic Wealth Advisors Group LLC now owns 63,394 shares of the company valued at $3,036,000 after acquiring an additional 12,663 shares in the last quarter. Finally, Integrated Wealth Concepts LLC increased its stake in shares of First Trust Senior Loan Fund by 42.4% during the fourth quarter. Integrated Wealth Concepts LLC now owns 21,434 shares of the company valued at $1,027,000 after acquiring an additional 6,379 shares in the last quarter.

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Dividend History for First Trust Senior Loan Fund (NASDAQ:FTSL)

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