Eaton Vance Floating-Rate Income Trust (EFT) Plans $0.07 Monthly Dividend
Eaton Vance Floating-Rate Income Trust (NYSE:EFT) declared a monthly dividend on Thursday, September 6th, Wall Street Journal reports. Shareholders of record on Friday, September 21st will be given a dividend of 0.067 per share by the investment management company on Friday, September 28th. This represents a $0.80 annualized dividend and a yield of 5.45%. The ex-dividend date is Thursday, September 20th.
Eaton Vance Floating-Rate Income Trust has decreased its dividend by an average of 4.8% annually over the last three years.
NYSE:EFT opened at $14.76 on Friday. Eaton Vance Floating-Rate Income Trust has a twelve month low of $14.03 and a twelve month high of $15.29.
Eaton Vance Floating-Rate Income Trust (the Trust) is a diversified, closed-end management investment company. The Trust’s investment objective is to provide a high level of current income. The Trust will, as a secondary objective, also seek preservation of capital to the extent consistent with its primary goal of high current income.
Further Reading: How Do You Calculate Return on Investment (ROI)?
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