SmarterDividends
EFR

Eaton Vance Senior Floating-Rate Trust

EFR

Financial Services · Stock · monthly payer

Forward Yield

7.50%

Annual Dividend

$0.79

Payout Ratio

190%

5-Yr Growth

6.4%

Ex-Date

Jun 15, 2026

Frequency

Monthly

EFR Dividend Safety Score

52/ 100
Grade C

Borderline

Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2025
Earnings payout coverage190% of earnings paid out
Balance-sheet strengthDebt/equity of 0.25
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is EFR a good dividend stock?

Mixed

Eaton Vance Senior Floating-Rate Trust (EFR) pays a monthly dividend yielding 7.50% ($0.79/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Strong 6.4% 5-yr dividend growth

Risks

  • Cut its dividend in 2025
  • Elevated payout ratio (190%)
  • Share price is down over the past 5 years

Key Data

Dividend Yield
7.50%
Payout Ratio
190%
Annual Dividend
$0.79
5-Yr Avg Growth
6.4%
Ex-Dividend Date
Jun 15, 2026
Years of Growth
0
Frequency
monthly
Beta
0.35
Market Cap
$311.8M
P/E Ratio
18.2
5-Yr Total Return
-26%
52-Week Range
$10.11 – $12.21
Dividend Safety
C · 52/100
Ever Cut?
Yes (2025)
EFR ex-dividend date & scheduleNext ex-date Jun 15, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.79 / yr per share

Per payment (monthly)$6.58
Annual$79.00
Monthly avg$6.58