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

Eaton Vance Floating-Rate Income Trust (NYSE:EFT) declared a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Stockholders of record on Friday, February 14th will be paid a dividend of 0.094 per share by the investment management company on Friday, February 28th. This represents a $1.13 annualized dividend and a dividend yield of 8.42%. The ex-dividend date is Friday, February 14th.

Eaton Vance Floating-Rate Income Trust has increased its dividend by an average of 19.6% per year over the last three years.

Eaton Vance Floating-Rate Income Trust Price Performance

NYSE EFT traded down $0.01 during mid-day trading on Tuesday, reaching $13.39. The stock had a trading volume of 57,239 shares, compared to its average volume of 95,152. Eaton Vance Floating-Rate Income Trust has a 1 year low of $12.62 and a 1 year high of $13.88. The company has a fifty day moving average price of $13.31 and a 200 day moving average price of $13.17.

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.