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.
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.
WARNING: This report was originally posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this report on another domain, it was illegally copied and republished in violation of United States & international trademark and copyright law. The original version of this report can be viewed at https://www.dispatchtribunal.com/2018/04/07/eaton-vance-floating-rate-income-trust-eft-to-issue-monthly-dividend-of-0-07-on-march-29th.html.
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.
Receive News & Ratings for Eaton Vance Floating-Rate Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eaton Vance Floating-Rate and related companies with MarketBeat.com's FREE daily email newsletter.