Eaton Vance Mun to Issue Monthly Dividend of $0.05 (EVN)
Eaton Vance Mun (NYSE:EVN) declared a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Shareholders of record on Thursday, October 12th will be given a dividend of 0.0541 per share by the investment management company on Thursday, October 19th. This represents a $0.65 dividend on an annualized basis and a yield of 5.01%. The ex-dividend date of this dividend is Wednesday, October 11th.
Eaton Vance Mun has decreased its dividend by an average of 9.0% annually over the last three years.
Eaton Vance Mun (NYSE EVN) traded down 0.08% on Tuesday, reaching $12.97. 46,201 shares of the company’s stock were exchanged. Eaton Vance Mun has a one year low of $12.00 and a one year high of $14.17. The firm has a 50 day moving average price of $12.98 and a 200 day moving average price of $12.94.
About Eaton Vance Mun
Eaton Vance Municipal Income Trust (the Trust) is a diversified, closed-end management investment company. The Trust seeks to provide current income exempt from regular federal income tax. The Trust intends to make monthly distributions of net investment income to common shareholders, after payment of any dividends on any outstanding Auction Preferred Shares (APS) and Institutional MuniFund Term Preferred (iMTP) Shares.
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