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Eaton Vance Senior Income: Dividend Insights

Author: Benzinga Insights | June 07, 2022 10:01am

Thursday marks the last chance for investors to receive the next dividend payout from Eaton Vance Senior Income (NYSE:EVF).

What's Happening

The company announced on Wednesday that it would pay shareholders a monthly dividend of 36 cents per share. On Friday, Eaton Vance Senior Income will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 36 cents lower than it would have opened on any other day.

In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Friday. Shareholders who own EVF as of the end of Thursday's session are eligible to receive the 36 cents dividend payout for every share that they own.

According to the company, this dividend will be paid out to shareholders on June 21, 2022. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way.

To stay up-to-date with the companies that are announcing their dividends, click here to visit our Dividends Calendar.

Posted In: EVF

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