Eaton Vance FloatingRate Incme Plus Fund (NYSE:EFF) Plans Monthly Dividend of $0.09

Eaton Vance FloatingRate Incme Plus Fund (NYSE:EFF) declared a monthly dividend on Tuesday, October 1st, Zacks reports. Investors of record on Thursday, October 24th will be given a dividend of 0.085 per share on Thursday, October 31st. This represents a $1.02 annualized dividend and a yield of 6.56%. The ex-dividend date of this dividend is Wednesday, October 23rd. This is a boost from Eaton Vance FloatingRate Incme Plus Fund’s previous monthly dividend of $0.08.

Eaton Vance FloatingRate Incme Plus Fund has decreased its dividend by an average of 12.1% per year over the last three years.

EFF opened at $15.56 on Monday. The firm has a 50-day moving average of $15.19 and a 200 day moving average of $15.14. Eaton Vance FloatingRate Incme Plus Fund has a fifty-two week low of $13.89 and a fifty-two week high of $15.61.

In related news, major shareholder Saba Capital Management, L.P. purchased 65,094 shares of Eaton Vance FloatingRate Incme Plus Fund stock in a transaction that occurred on Wednesday, October 16th. The stock was bought at an average price of $15.49 per share, for a total transaction of $1,008,306.06. In the last 90 days, insiders have purchased 366,615 shares of company stock valued at $5,626,288.

Eaton Vance FloatingRate Incme Plus Fund Company Profile

Eaton Vance Floating-Rate Income Plus Fund is a close ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in fixed income markets across the globe. The fund primarily invests in senior, secured floating-rate loans of domestic and foreign borrowers that are denominated in U.S.

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Dividend History for Eaton Vance FloatingRate Incme Plus Fund (NYSE:EFF)

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