Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) to Issue Monthly Dividend of $0.07

Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) announced a monthly dividend on Thursday, October 1st. Stockholders of record on Thursday, October 15th will be paid a dividend of $0.0670 per share on Friday, October 30th. This represents a $0.80 annualized dividend and a dividend yield of 7.7%. The ex-dividend date of this dividend is Thursday, October 15th. This is a 2.9% decrease from Eaton Vance Senior Floating-Rate Trust’s previous monthly dividend of $0.0690.

Eaton Vance Senior Floating-Rate Trust Price Performance

Shares of Eaton Vance Senior Floating-Rate Trust stock opened at $10.47 on Friday. The company’s 50-day moving average price is $10.52 and its 200-day moving average price is $10.51. Eaton Vance Senior Floating-Rate Trust has a 12-month low of $10.11 and a 12-month high of $11.55.

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 fund seeks to provide a high level of current income, with capital appreciation as a secondary objective.

EFR invests primarily in senior, secured floating-rate loans and other floating-rate debt instruments issued by corporate borrowers. These loans generally pay interest at rates that adjust periodically based on a reference rate, and the portfolio may include below-investment-grade and unrated securities.