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

Eaton Vance Floating-Rate Income Trust (NYSE:EFT) announced a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Shareholders 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 dividend on an annualized basis and a yield of 8.42%. The ex-dividend date of this dividend is Friday, February 14th.

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

Eaton Vance Floating-Rate Income Trust Stock Down 0.1 %

Shares of EFT stock traded down $0.01 during trading hours on Tuesday, reaching $13.39. 57,239 shares of the company traded hands, compared to its average volume of 95,152. The firm has a 50-day moving average price of $13.31 and a 200 day moving average price of $13.17. Eaton Vance Floating-Rate Income Trust has a 12-month low of $12.62 and a 12-month 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.