Eaton Vance Senior Floating-Rate Trust Makes Notable Dividend Reduction

Friday, 2 August 2024, 09:09

Eaton Vance Senior Floating-Rate Trust has announced a significant decrease in its monthly dividend, dropping it by 7.4% to $0.112 per share. This change reflects current market conditions and the trust's adjustment strategies. Investors should remain vigilant regarding the implications of such reductions on income expectations and overall trust performance.
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Eaton Vance Senior Floating-Rate Trust Makes Notable Dividend Reduction

Eaton Vance Senior Floating-Rate Trust Dividend Reduction

The Eaton Vance Senior Floating-Rate Trust has made headlines with its recent announcement regarding dividend changes.

Key Details of the Announcement

  • Dividend Reduction: The monthly dividend has decreased by 7.4%.
  • New Dividend Rate: The new dividend rate is set at $0.112 per share.
  • Market Conditions: This decision reflects the current financial landscape and adjustments needed by the trust.

Investors are advised to pay close attention to how these changes might affect their income from the trust.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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