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

Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) declared a monthly dividend on Tuesday, December 4th, Wall Street Journal reports. Shareholders of record on Monday, December 24th will be paid a dividend of 0.071 per share on Monday, December 31st. This represents a $0.85 annualized dividend and a yield of 6.31%. The ex-dividend date of this dividend is Friday, December 21st.

Eaton Vance Senior Floating-Rate Trust has decreased its dividend payment by an average of 2.3% annually over the last three years.

NYSE EFR traded up $0.16 during trading on Tuesday, hitting $13.50. The company had a trading volume of 426,900 shares, compared to its average volume of 130,404. Eaton Vance Senior Floating-Rate Trust has a one year low of $13.12 and a one year high of $14.95.

In other Eaton Vance Senior Floating-Rate Trust news, insider Craig P. Russ purchased 7,500 shares of the firm’s stock in a transaction that occurred on Tuesday, October 30th. The stock was bought at an average cost of $13.46 per share, for a total transaction of $100,950.00. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Several research analysts recently issued reports on the stock. Noble Financial reiterated an “average” rating on shares of Eaton Vance Senior Floating-Rate Trust in a research note on Thursday, November 8th. HC Wainwright reiterated a “buy” rating on shares of Eaton Vance Senior Floating-Rate Trust in a research note on Tuesday, November 6th.

ILLEGAL ACTIVITY WARNING: This report was first reported by Community Financial News and is the sole property of of Community Financial News. If you are reading this report on another website, it was illegally copied and reposted in violation of US & international trademark and copyright laws. The original version of this report can be accessed at https://www.com-unik.info/2018/12/04/eaton-vance-senior-floating-rate-trust-efr-to-issue-0-07-monthly-dividend.html.

Eaton Vance Senior Floating-Rate Trust Company Profile

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.

Further Reading: What is a Swap?

Dividend History for Eaton Vance Senior Floating-Rate Trust (NYSE:EFR)

Receive News & Ratings for Eaton Vance Senior Floating-Rate Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eaton Vance Senior Floating-Rate Trust and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit