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

Eaton Vance Floating-Rate Income Trust (NYSE:EFT) declared a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Shareholders of record on Tuesday, April 15th will be paid a dividend of 0.094 per share by the investment management company on Wednesday, April 30th. This represents a $1.13 dividend on an annualized basis and a yield of 9.10%. The ex-dividend date is Tuesday, April 15th.

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

Eaton Vance Floating-Rate Income Trust Stock Down 0.5 %

Shares of Eaton Vance Floating-Rate Income Trust stock traded down $0.06 on Wednesday, hitting $12.40. The stock had a trading volume of 160,334 shares, compared to its average volume of 84,054. The stock’s 50-day simple moving average is $13.06 and its two-hundred day simple moving average is $13.12. Eaton Vance Floating-Rate Income Trust has a one year low of $12.34 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.