Eaton Vance Floating-Rate Income Trust (EFT) Announces Jun 13 Dividend of $0.08

Eaton Vance Floating-Rate Income Trust (NYSE:EFT) declared a jun 13 dividend on Tuesday, June 11th, Stock Ratings Network.com reports. Stockholders of record on Friday, June 21st will be given a dividend of $0.081 per share on Friday, June 28th. The ex-dividend date of this dividend is Wednesday, June 19th.

A number of analysts have recently weighed in on EFT shares. Analysts at Credit Suisse raised their price target on shares of Eaton Vance Floating-Rate Income Trust from $37.00 to $38.00 in a research note to investors on Friday, May 24th. They now have a “hold” rating on the stock. On the ratings front, analysts at Jefferies Group raised their price target on shares of Eaton Vance Floating-Rate Income Trust from $40.00 to $42.00 in a research note to investors on Tuesday, May 21st. They now have a “hold” rating on the stock. Finally, analysts at Keefe, Bruyette & Woods raised their price target on shares of Eaton Vance Floating-Rate Income Trust from $39.00 to $44.00 in a research note to investors on Monday, May 20th. They now have a “market perform” rating on the stock.

Eight research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $40.15.

Shares of Eaton Vance Floating-Rate Income Trust (NYSE: EFT) traded down 0.42% during mid-day trading on Tuesday, hitting $16.52. Eaton Vance Floating-Rate Income Trust has a one year low of $14.99 and a one year high of $19.05. The stock’s 50-day moving average is currently $17.27. The company has a market cap of $631.0 million and a P/E ratio of 10.45.

Eaton Vance Floating-Rate Income Trust (NYSE: EFT) is a closed-end fund.