Eaton Vance Floating-Rate Income Trust (NYSE:EFT) Plans Monthly Dividend of $0.06


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Eaton Vance Floating-Rate Income Trust (NYSE:EFT) declared a monthly dividend on Tuesday, May 4th, Wall Street Journal reports. Stockholders of record on Friday, May 21st will be given a dividend of 0.061 per share by the investment management company on Friday, May 28th. This represents a $0.73 dividend on an annualized basis and a dividend yield of 5.15%. The ex-dividend date is Thursday, May 20th.

Shares of EFT traded down $0.05 during midday trading on Tuesday, reaching $14.21. 65,541 shares of the stock were exchanged, compared to its average volume of 126,221. Eaton Vance Floating-Rate Income Trust has a 52 week low of $10.57 and a 52 week high of $14.32. The company’s 50 day moving average is $14.12 and its two-hundred day moving average is $13.58.

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.

Further Reading: Fiduciary

Dividend History for Eaton Vance Floating-Rate Income Trust (NYSE:EFT)

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