The trust reduced its payout by 4.3% to $0.067 per share, lowering the forward yield to 7.42%.
Eaton Vance Floating-Rate Income Trust (EFT) announced a monthly dividend of $0.067 per share, a 4.3% decrease from the prior $0.070 payout. The reduction adjusts the forward yield to 7.42%.
The last dividend of $0.070 was paid in the previous quarter. The new rate reflects a modest pullback in income distributions amid market conditions. The dividend is payable June 30 to shareholders of record by June 15, with an ex-dividend date of June 15.