Eaton Vance Floating-Rate Income Trust (NYSE:EFT) Announces $0.10 Monthly Dividend

Eaton Vance Floating-Rate Income Trust (NYSE:EFT) declared 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 dividend on an annualized basis and a yield of 9.28%. The ex-dividend date is Monday, December 30th.

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

Eaton Vance Floating-Rate Income Trust Stock Down 0.2 %

Shares of Eaton Vance Floating-Rate Income Trust stock traded down $0.03 on Monday, reaching $13.32. The company’s stock had a trading volume of 77,735 shares, compared to its average volume of 87,722. Eaton Vance Floating-Rate Income Trust has a 52-week low of $12.48 and a 52-week high of $13.88. The stock has a 50-day moving average price of $13.26 and a 200-day moving average price of $13.23.

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.