Eaton Vance Floating-Rate Income Trust Announces Monthly Dividend of $0.12 (NYSE:EFT)

Eaton Vance Floating-Rate Income Trust (NYSE:EFT) announced a monthly dividend on Tuesday, July 2nd, Wall Street Journal reports. Stockholders of record on Tuesday, July 23rd will be paid a dividend of 0.118 per share by the investment management company on Wednesday, July 31st. This represents a $1.42 dividend on an annualized basis and a dividend yield of 10.51%. The ex-dividend date is Tuesday, July 23rd.

Eaton Vance Floating-Rate Income Trust has increased its dividend payment by an average of 20.4% per year over the last three years.

Eaton Vance Floating-Rate Income Trust Price Performance

Shares of Eaton Vance Floating-Rate Income Trust stock traded down $0.08 on Tuesday, reaching $13.47. The stock had a trading volume of 107,856 shares, compared to its average volume of 92,238. The business’s 50-day moving average price is $13.43 and its two-hundred day moving average price is $13.21. Eaton Vance Floating-Rate Income Trust has a fifty-two week low of $11.46 and a fifty-two week high of $13.75.

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.