Eaton Vance Senior Floating-Rate Trust sets new monthly payout at $0.069, marking a 4.5% increase from the prior $0.066 dividend.
Eaton Vance Senior Floating-Rate Trust (EFR) announced a 4.5% increase in its monthly dividend to $0.069 per share, up from $0.066. The move reflects the trust’s floating-rate asset strategy amid current interest rate conditions.
The prior dividend stood at $0.066, with the new payout yielding 7.84% on a forward basis. The dividend is payable July 31 to shareholders of record as of July 15, with an ex-dividend date also set for July 15.
No immediate market reaction was disclosed in the announcement.