Eaton Vance Floating-Rate Income Trust (NYSE:EFT) Plans Monthly Dividend of $0.09

Eaton Vance Floating-Rate Income Trust (NYSE:EFT) announced a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Shareholders of record on Tuesday, April 15th will be given a dividend of 0.094 per share by the investment management company on Wednesday, April 30th. This represents a $1.13 annualized dividend and a dividend yield of 9.10%. The ex-dividend date of this dividend is Tuesday, April 15th.

Eaton Vance Floating-Rate Income Trust has raised its dividend payment by an average of 15.9% per year over the last three years.

Eaton Vance Floating-Rate Income Trust Stock Down 0.5 %

Shares of NYSE EFT traded down $0.06 during midday trading on Wednesday, hitting $12.40. 160,334 shares of the company’s stock were exchanged, compared to its average volume of 84,054. The business’s fifty day moving average price is $13.06 and its two-hundred day moving average price is $13.12. Eaton Vance Floating-Rate Income Trust has a 12-month low of $12.34 and a 12-month high of $13.88.

Eaton Vance Floating-Rate Income Trust Company Profile

Eaton Vance Floating-Rate Income Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in fixed income markets of the United States. It invests in fixed income securities operating across diversified sectors. The fund primarily invests in senior, secured floating rate loans.