Eaton Vance Floating-Rate (EFT) Plans Monthly Dividend of $0.07

Eaton Vance Floating-Rate (NYSE:EFT) declared a monthly dividend on Friday, March 2nd, Wall Street Journal reports. Stockholders of record on Thursday, March 22nd will be given a dividend of 0.07 per share by the investment management company on Thursday, March 29th. This represents a $0.84 annualized dividend and a dividend yield of 5.59%. The ex-dividend date of this dividend is Wednesday, March 21st.

Eaton Vance Floating-Rate has decreased its dividend payment by an average of 4.8% annually over the last three years.

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Shares of Eaton Vance Floating-Rate stock traded up $0.07 during trading on Friday, hitting $15.04. 431,742 shares of the stock were exchanged, compared to its average volume of 125,637. Eaton Vance Floating-Rate has a 12 month low of $14.03 and a 12 month high of $15.33.

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Eaton Vance Floating-Rate Company Profile

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.

Dividend History for Eaton Vance Floating-Rate (NYSE:EFT)

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