Eaton Vance Floating-Rate Income Trust (EFT) To Go Ex-Dividend on December 30th

Eaton Vance Floating-Rate Income Trust (NYSE:EFT) announced a monthly dividend on Monday, December 23rd,Wall Street Journal reports. Shareholders of record on Monday, December 30th will be paid a dividend of 0.103 per share by the investment management company on Wednesday, January 15th. This represents a $1.24 annualized dividend and a dividend yield of 9.31%. The ex-dividend date of this dividend is Monday, December 30th.

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

Eaton Vance Floating-Rate Income Trust Price Performance

EFT stock opened at $13.27 on Friday. The company’s 50-day moving average price is $13.30 and its 200 day moving average price is $13.23. Eaton Vance Floating-Rate Income Trust has a 52 week low of $12.48 and a 52 week 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.