Eaton Vance Floating-Rate Income Trust (NYSE:EFT) declared a monthly dividend on Thursday, February 1st, Zacks reports. Shareholders of record on Wednesday, February 21st will be given a dividend of 0.07 per share by the investment management company on Wednesday, February 28th. This represents a $0.84 annualized dividend and a yield of 5.80%. The ex-dividend date of this dividend is Tuesday, February 20th. This is an increase from Eaton Vance Floating-Rate Income Trust’s previous monthly dividend of $0.07.
Eaton Vance Floating-Rate Income Trust has decreased its dividend by an average of 4.8% per year over the last three years.
Eaton Vance Floating-Rate Income Trust (NYSE:EFT) opened at $14.48 on Friday. Eaton Vance Floating-Rate Income Trust has a 12 month low of $14.03 and a 12 month high of $15.45.
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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.
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