Favorable Media Coverage Somewhat Unlikely to Affect Eaton Vance Floating-Rate Income Trust (EFT) Stock Price
Media coverage about Eaton Vance Floating-Rate Income Trust (NYSE:EFT) has been trending positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Eaton Vance Floating-Rate Income Trust earned a daily sentiment score of 0.29 on Accern’s scale. Accern also gave press coverage about the investment management company an impact score of 47.0808653409248 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Eaton Vance Floating-Rate Income Trust (NYSE:EFT) traded up $0.02 on Friday, hitting $14.28. 144,302 shares of the company’s stock traded hands, compared to its average volume of 103,952. Eaton Vance Floating-Rate Income Trust has a twelve month low of $14.03 and a twelve month high of $15.45.
The business also recently disclosed a monthly dividend, which was paid on Thursday, November 30th. Shareholders of record on Wednesday, November 22nd were issued a dividend of $0.07 per share. This represents a $0.84 annualized dividend and a dividend yield of 5.88%. The ex-dividend date was Tuesday, November 21st. This is an increase from Eaton Vance Floating-Rate Income Trust’s previous monthly dividend of $0.07.
About Eaton Vance Floating-Rate Income Trust
Eaton Vance Floating-Rate Income Trust (the Trust) is a diversified, closed-end management investment company. The Trust’s investment objective is to provide a high level of current income. The Trust will, as a secondary objective, also seek preservation of capital to the extent consistent with its primary goal of high current income.
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