Eaton Vance Floating-Rate Income Trust (NYSE:EFT – Get Free Report) announced a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Shareholders of record on Friday, March 14th will be paid a dividend of 0.094 per share by the investment management company on Monday, March 31st. This represents a $1.13 dividend on an annualized basis and a yield of 8.77%. The ex-dividend date is Friday, March 14th.
Eaton Vance Floating-Rate Income Trust has increased its dividend by an average of 15.9% annually over the last three years.
Eaton Vance Floating-Rate Income Trust Stock Performance
NYSE EFT opened at $12.87 on Wednesday. The company has a fifty day moving average of $13.21 and a two-hundred day moving average of $13.17. Eaton Vance Floating-Rate Income Trust has a 1 year low of $12.62 and a 1 year high of $13.88.
Eaton Vance Floating-Rate Income Trust Company Profile
Eaton Vance Floating-Rate Income Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in fixed income markets of the United States. It invests in fixed income securities operating across diversified sectors. The fund primarily invests in senior, secured floating rate loans.
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