Eaton Vance Senior Floating-Rate Trust (EFR) to Issue Monthly Dividend of $0.07 on November 30th

Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) announced a monthly dividend on Monday, November 2nd. Stockholders of record on Monday, November 16th will be paid a dividend of $0.0690 per share on Monday, November 30th. This represents a $0.83 annualized dividend and a dividend yield of 8.1%. The ex-dividend date is Monday, November 16th. This is a 3.0% increase from Eaton Vance Senior Floating-Rate Trust’s previous monthly dividend of $0.0670.

Eaton Vance Senior Floating-Rate Trust Stock Performance

Shares of NYSE:EFR opened at $10.18 on Wednesday. The firm has a 50 day simple moving average of $10.31 and a 200-day simple moving average of $10.56. Eaton Vance Senior Floating-Rate Trust has a twelve month low of $9.94 and a twelve month high of $11.40.

Eaton Vance Senior Floating-Rate Trust Company Profile

Eaton Vance Senior Floating-Rate Trust is a closed-end management investment company listed on the New York Stock Exchange under the symbol EFR. The trust seeks to provide a high level of current income while preserving capital as a secondary objective.

The fund invests primarily in senior, secured, floating-rate loans and other floating-rate debt obligations issued by companies. These loans are generally below investment grade or unrated and are designed to provide income that can adjust periodically as interest rates change.