Eaton Vance Floating-Rate Income Trust
EFTFinancial Services · Stock · monthly payer
$10.76
Add to PortfolioForward Yield
7.47%
Annual Dividend
$0.80
Payout Ratio
268%
5-Yr Growth
7.9%
Ex-Date
Jun 15, 2026
Frequency
Monthly
EFT Dividend Safety Score
46/ 100
Grade D
Risky
Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2025
Earnings payout coverage268% of earnings paid out
Free-cash-flow coverage123% of free cash flow
Balance-sheet strengthDebt/equity of 0.52
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 EFT a good dividend stock?
MixedEaton Vance Floating-Rate Income Trust (EFT) pays a monthly dividend yielding 7.47% ($0.80/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Strong 7.9% 5-yr dividend growth
Risks
- Cut its dividend in 2025
- Elevated payout ratio (268%)
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 7.47%
- Payout Ratio
- 268%
- Annual Dividend
- $0.80
- 5-Yr Avg Growth
- 7.9%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 0.43
- Market Cap
- $286.0M
- P/E Ratio
- 22.4
- 5-Yr Total Return
- -25%
- 52-Week Range
- $10.34 – $12.67
- Dividend Safety
- D · 46/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 15, 2026 | — | $0.0700 | regular |
| Apr 15, 2026 | — | $0.0690 | regular |
| Mar 16, 2026 | — | $0.0730 | regular |
| Feb 17, 2026 | — | $0.0860 | regular |
| Dec 30, 2025 | — | $0.0860 | regular |
| Dec 15, 2025 | — | $0.0800 | regular |
| Nov 14, 2025 | — | $0.0860 | regular |
| Oct 15, 2025 | — | $0.0860 | regular |
| Sep 15, 2025 | — | $0.0890 | regular |
| Aug 15, 2025 | — | $0.0890 | regular |
| Jul 15, 2025 | — | $0.0920 | regular |
| Jun 16, 2025 | — | $0.0940 | regular |
| May 15, 2025 | — | $0.0940 | regular |
| Apr 15, 2025 | — | $0.0940 | regular |
Income Calculator
At $0.80 / yr per share
Per payment (monthly)$6.67
Annual$80.00
Monthly avg$6.67
