Eaton Vance Floating-Rate Income Trust (NYSE:EFT) Declares Monthly Dividend of $0.09

Eaton Vance Floating-Rate Income Trust (NYSE:EFTGet Free Report) declared a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Investors 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 dividend yield of 8.63%. The ex-dividend date is Friday, March 14th.

Eaton Vance Floating-Rate Income Trust has raised its dividend payment by an average of 15.9% annually over the last three years.

Eaton Vance Floating-Rate Income Trust Trading Down 0.8 %

Shares of NYSE:EFT traded down $0.11 during mid-day trading on Tuesday, reaching $13.07. 70,091 shares of the company traded hands, compared to its average volume of 86,960. The company’s 50 day moving average price is $13.24 and its 200-day moving average price is $13.18. Eaton Vance Floating-Rate Income Trust has a 52 week low of $12.62 and a 52 week high of $13.88.

About Eaton Vance Floating-Rate Income Trust

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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.

Further Reading

Dividend History for Eaton Vance Floating-Rate Income Trust (NYSE:EFT)

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