Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) to Issue Monthly Dividend of $0.09

Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) announced a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Investors of record on Friday, February 14th will be paid a dividend of 0.091 per share on Friday, February 28th. This represents a $1.09 dividend on an annualized basis and a yield of 8.32%. The ex-dividend date of this dividend is Friday, February 14th.

Eaton Vance Senior Floating-Rate Trust has raised its dividend by an average of 16.5% per year over the last three years.

Eaton Vance Senior Floating-Rate Trust Stock Performance

Shares of EFR stock traded down $0.08 during mid-day trading on Tuesday, hitting $13.13. 94,761 shares of the stock were exchanged, compared to its average volume of 85,230. Eaton Vance Senior Floating-Rate Trust has a 12-month low of $12.32 and a 12-month high of $13.40. The stock’s fifty day simple moving average is $12.99 and its two-hundred day simple moving average is $12.86.

About Eaton Vance Senior Floating-Rate Trust

Eaton Vance Senior Floating-Rate Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income markets of the United States. It primarily invests in senior, secured floating rate loans. It benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index.