Eaton Vance Senior Income Trust (NYSE:EVF) to Issue Dividend Increase – $0.03 Per Share

Eaton Vance Senior Income Trust (NYSE:EVF) announced a monthly dividend on Tuesday, September 1st. Shareholders of record on Monday, September 14th will be given a dividend of 0.033 per share on Thursday, September 24th. This represents a c) dividend on an annualized basis and a yield of 8.0%. The ex-dividend date of this dividend is Monday, September 14th. This is a 3.1% increase from Eaton Vance Senior Income Trust’s previous monthly dividend of $0.03.

Eaton Vance Senior Income Trust Stock Down 0.2%

Shares of NYSE:EVF opened at $4.96 on Wednesday. Eaton Vance Senior Income Trust has a 1-year low of $4.84 and a 1-year high of $5.60. The firm’s 50 day simple moving average is $4.98 and its two-hundred day simple moving average is $5.00.

About Eaton Vance Senior Income Trust

Eaton Vance Senior Income Trust (NYSE: EVF) is a closed-end management investment company that seeks high current income while preserving capital. Externally managed by Eaton Vance Management, a subsidiary of Morgan Stanley Investment Management following its 2021 acquisition, the trust offers investors exposure to a diversified portfolio of floating-rate senior secured loans and other corporate debt instruments.

The trust’s investment strategy is centered on senior secured bank loans, which typically carry floating interest rates and enjoy priority over other debt in a borrower’s capital structure.