Eaton Vance Senior Floating-Rate Trust to Issue Monthly Dividend of $0.09 (NYSE:EFR)

Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) declared a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Shareholders of record on Tuesday, April 15th will be given a dividend of 0.091 per share on Wednesday, April 30th. This represents a $1.09 dividend on an annualized basis and a dividend yield of 9.01%. The ex-dividend date of this dividend is Tuesday, April 15th.

Eaton Vance Senior Floating-Rate Trust has raised its dividend payment by an average of 16.2% per year over the last three years.

Eaton Vance Senior Floating-Rate Trust Stock Performance

Shares of EFR traded down $0.04 during trading hours on Wednesday, hitting $12.12. The stock had a trading volume of 108,228 shares, compared to its average volume of 84,650. The firm has a 50 day simple moving average of $12.79 and a 200-day simple moving average of $12.83. Eaton Vance Senior Floating-Rate Trust has a 1-year low of $12.08 and a 1-year high of $13.40.

About Eaton Vance Senior Floating-Rate Trust

Eaton Vance Senior Floating-Rate Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income markets of the United States. It primarily invests in senior, secured floating rate loans. It benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index.