Eaton Vance Floating-Rate Income: Key Insights Before Ex-Dividend Date Aug 15, 2025

Generated by AI AgentAinvest Dividend Digest
Monday, Aug 11, 2025 8:53 pm ET1min read
EFT--
Aime RobotAime Summary

- Eaton Vance Floating-Rate Income Trust (EFT) declared a $0.089/share dividend payable Aug 29, 2025, with an ex-dividend date of Aug 15.

- The payout exceeds the 10-dividend average ($0.087) but follows a prior $0.092/share declaration on July 31, 2025.

- Recent 0.165% stock price decline to $12.13 and new Mortgage Opportunities ETF highlight market volatility and strategic expansion.

- High liquidity with narrow bid-ask spreads underscores EFT's appeal for efficient trading amid market conditions.

Eaton Vance Floating-Rate Income Trust (EFT) has announced a cash dividend of $0.089 per share, payable on Aug 29, 2025. The ex-dividend date is set for Aug 15, 2025, and this declaration was made on Aug 1, 2025. This dividend amount is slightly higher than the average of the last 10 dividends, which is $0.087 per share. Previously, on Jul 31, 2025, the company declared a cash dividend of $0.092 per share.

Recently, Eaton VanceETY-- Floating-Rate Income Trust has been in the spotlight due to several significant developments. Over the past week, analysts have reported a minor decline of 0.165% in its stock price, moving from $12.15 to $12.13 on Aug 8, 2025. This recent fluctuation has been attributed to market conditions and investor sentiments. In addition, Eaton Vance has launched a new product, the Eaton Vance Mortgage Opportunities ETF, which signifies the company's strategic expansion into the mortgage-backed securities market. This move highlights Eaton Vance's efforts to diversify its offerings and tap into new investment opportunities. Furthermore, as of late, the trust has garnered attention for its high liquidity reflected in the narrow bid-ask spread, which suggests a healthy trading environment for investors seeking to execute efficient transactions.

In conclusion, Eaton Vance Floating-Rate Income Trust continues to exhibit robust financial health and strategic growth initiatives. Investors should note that the ex-dividend date of Aug 15, 2025, is the final opportunity to purchase shares if they wish to receive the upcoming dividend. Any acquisitions made after this date will not qualify for this dividend payout.

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