First Trust/Four Corners SFRI Fund II (FCT) Plans Monthly Dividend of $0.08
First Trust/Four Corners SFRI Fund II (NYSE:FCT) declared a monthly dividend on Tuesday, October 22nd, Stock Ratings News reports. Stockholders of record on Tuesday, November 5th will be given a dividend of $0.08 per share on Friday, November 15th. This represents a $0.96 dividend on an annualized basis and a yield of 6.56%. The ex-dividend date of this dividend is Friday, November 1st.
On a related note, analysts at Stifel Nicolaus downgraded shares of First Trust/Four Corners SFRI Fund II from a “buy” rating to a “hold” rating in a research note to investors on Thursday, August 15th.
Shares of First Trust/Four Corners SFRI Fund II (NYSE:FCT) traded up 0.97% during mid-day trading on Tuesday, hitting $14.64. The stock had a trading volume of 121,304 shares. First Trust/Four Corners SFRI Fund II has a 52 week low of $13.90 and a 52 week high of $16.85. The stock’s 50-day moving average is $15.4 and its 200-day moving average is $15.76.
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