Eaton Vance Floating-Rate Income Trust (NYSE:EFT) announced a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Shareholders of record on Wednesday, November 22nd will be paid a dividend of 0.07 per share by the investment management company on Thursday, November 30th. This represents a $0.84 dividend on an annualized basis and a yield of 5.93%. The ex-dividend date is Tuesday, November 21st. This is a positive change from Eaton Vance Floating-Rate Income Trust’s previous monthly dividend of $0.07.
Eaton Vance Floating-Rate Income Trust has decreased its dividend by an average of 2.5% annually over the last three years.
Eaton Vance Floating-Rate Income Trust (EFT) traded up $0.02 during trading hours on Friday, reaching $14.17. The company’s stock had a trading volume of 147,543 shares, compared to its average volume of 102,976. Eaton Vance Floating-Rate Income Trust has a 52 week low of $14.03 and a 52 week high of $15.45.
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About Eaton Vance Floating-Rate Income Trust
Eaton Vance Floating-Rate Income Trust (the Trust) is a diversified, closed-end management investment company. The Trust’s investment objective is to provide a high level of current income. The Trust will, as a secondary objective, also seek preservation of capital to the extent consistent with its primary goal of high current income.
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