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Pioneer Floating Rate Trust (NYSE:PHD) recently announced a dividend of $0.09 per share, payable on 2023-10-31, with the ex-dividend date set for 2023-10-17. As investors anticipate this forthcoming payment, the spotlight is also cast on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's dive into Pioneer Floating Rate Trust's dividend performance and assess its sustainability.

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