Eaton Vance Senior Floating Rate (EFR) Plans Monthly Dividend of $0.07

Eaton Vance Senior Floating Rate (NYSE:EFR) declared a monthly dividend on Tuesday, April 3rd, Wall Street Journal reports. Stockholders of record on Monday, April 23rd will be paid a dividend of 0.073 per share on Monday, April 30th. This represents a $0.88 annualized dividend and a dividend yield of 5.91%. The ex-dividend date of this dividend is Friday, April 20th.

Eaton Vance Senior Floating Rate has decreased its dividend payment by an average of 2.3% annually over the last three years.

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EFR stock opened at $14.83 on Friday. Eaton Vance Senior Floating Rate has a fifty-two week low of $14.01 and a fifty-two week high of $15.06.

In related news, insider Craig P. Russ bought 6,940 shares of the company’s stock in a transaction dated Wednesday, February 21st. The shares were acquired at an average price of $14.45 per share, with a total value of $100,283.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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About Eaton Vance Senior Floating Rate

Eaton Vance Senior Floating-Rate Trust (the Trust) is a diversified, closed-end management investment company. The Trust’s primary investment objective is to provide a high level of current income. The Trust may, as a secondary objective, also seek preservation of capital to the extent consistent with its primary objective.

Dividend History for Eaton Vance Senior Floating Rate (NYSE:EFR)

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