Eaton Vance Floating Rate Income Trust Stock Dividends
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
AI Analysis of EFT
| Dividend Analysis | Generate |
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.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 41 | Feb 01, 2021 | Feb 18, 2021 | Feb 26, 2021 | $0.0630 | 0.452% |
| 42 | Dec 21, 2020 | Dec 29, 2020 | Jan 15, 2021 | $0.0640 | 0.459% |
| 43 | Dec 01, 2020 | Dec 23, 2020 | Dec 31, 2020 | $0.0640 | 0.486% |
| 44 | Nov 03, 2020 | Nov 20, 2020 | Nov 30, 2020 | $0.0600 | 0.456% |
| 45 | Oct 02, 2020 | Oct 22, 2020 | Oct 30, 2020 | $0.0620 | 0.502% |
| 46 | Sep 01, 2020 | Sep 22, 2020 | Sep 30, 2020 | $0.0620 | 0.522% |
| 47 | Aug 03, 2020 | Aug 21, 2020 | Aug 31, 2020 | $0.0610 | 0.507% |
| 48 | Jul 01, 2020 | Jul 23, 2020 | Jul 31, 2020 | $0.0570 | 0.492% |
| 49 | Jun 01, 2020 | Jun 22, 2020 | Jun 30, 2020 | $0.0560 | 0.491% |
| 50 | May 01, 2020 | May 21, 2020 | May 29, 2020 | $0.0580 | 0.516% |
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
Growth potential
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.
