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Eaton Vance Floating Rate Income Trust Stock Dividends Overview

EFT pays dividends monthly. Last paid amount was $0.118 at Apr 30, 2024. As of today, dividend yield (TTM) is 10.59%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 10.59%
Frequency Monthly
1Y Growth 6.31%
Payout Ratio 0
Amount Per Share $0.118
Next Ex-Dividend Date May 23, 2024
Next Payment Date May 31, 2024

Upcoming Dividend Payment

To receive the upcoming dividend from EFT the purchase should be done within the next 5 days.
Here's a simple guide on how to buy EFT stock.

EFT Dividend Payout History

To ensure a understanding of EFT's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
91 Dec 05, 2016 Dec 21, 2016 Dec 30, 2016 $0.0730 0.490%
92 Nov 02, 2016 Nov 21, 2016 Nov 30, 2016 $0.0760 0.517%
93 Oct 04, 2016 Oct 20, 2016 Oct 31, 2016 $0.0760 0.527%
94 Sep 02, 2016 Sep 21, 2016 Sep 30, 2016 $0.0770 0.542%
95 Aug 02, 2016 Aug 22, 2016 Aug 31, 2016 $0.0750 0.534%
96 Jul 05, 2016 Jul 20, 2016 Jul 29, 2016 $0.0750 0.540%
97 Jun 02, 2016 Jun 21, 2016 Jun 30, 2016 $0.0750 0.558%
98 May 03, 2016 May 20, 2016 May 31, 2016 $0.0740 0.546%
99 Apr 01, 2016 Apr 20, 2016 Apr 29, 2016 $0.0740 0.562%
100 Mar 02, 2016 Mar 22, 2016 Mar 31, 2016 $0.0750 0.570%

Dividend Sustainability

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Sustainability score

Good (74.82%)

Growth potential

Stable (0.69%)

EFT Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from EFT dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in EFT stock here.

Comparing EFT to Sector and Country

EFT pays a solid dividend yield of 10.59%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.83%). EFT’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.05%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of EFT's dividend payments?
The amount of EFT's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in EFT sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from EFT stock be automatically reinvested?
If EFT offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy EFT stock.

How often does EFT pay dividend?
Eaton Vance Floating Rate Income Trust (EFT) pays dividends monthly. The most recent payout was on Apr 30, 2024. The upcoming dividend Ex Date is May 23, 2024, with an amount of $0.118.

How much does EFT pays per share?
The last recorder (Apr 22, 2024) dividend per share was $0.118.

What is EFT dividend growth rate?
Over the last year, Eaton Vance Floating Rate Income Trust has witnessed growth rate of 6.31% . Looking back over the past 3 years, this growth rate has been 24.60%. Furthermore, examining the past 5 years, Eaton Vance Floating Rate Income Trust has maintained an average Dividends Per Share Growth Rate of 9.20%.
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About Eaton Vance Floating Rate Income Trust

Eaton Vance Floating-Rate Income Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in fixed income markets of the United States. It invests in fixed income securities operating across diversified sectors. The fund primarily invests in senior, secured floating rate loans. It benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index. Eaton Vance Floating-Rat... EFT Profile

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