Eaton Vance Floating-Rate Income Trust (NYSE:EFT – Get Free Report) announced a monthly dividend on Friday, November 1st,Wall Street Journal reports. Stockholders of record on Thursday, November 21st will be paid a dividend of 0.103 per share by the investment management company on Friday, November 29th. This represents a $1.24 annualized dividend and a dividend yield of 9.25%. The ex-dividend date of this dividend is Thursday, November 21st.
Eaton Vance Floating-Rate Income Trust has raised its dividend by an average of 20.4% per year over the last three years.
Eaton Vance Floating-Rate Income Trust Stock Performance
Shares of EFT opened at $13.36 on Tuesday. The stock has a 50-day moving average of $13.02 and a 200-day moving average of $13.23. Eaton Vance Floating-Rate Income Trust has a one year low of $12.02 and a one year high of $13.88.
About Eaton Vance Floating-Rate Income Trust
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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