Eaton Vance Senior Floating-Rate Trust Makes Notable Dividend Reduction
Friday, 2 August 2024, 09:09
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.