Eaton Vance Municipal Income Trust (NYSE:EVN) declared a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Investors of record on Friday, January 12th will be given a dividend of 0.0541 per share by the investment management company on Friday, January 19th. This represents a $0.65 annualized dividend and a yield of 5.21%. The ex-dividend date of this dividend is Thursday, January 11th.
Eaton Vance Municipal Income Trust has decreased its dividend payment by an average of 9.0% per year over the last three years.
Eaton Vance Municipal Income Trust (NYSE:EVN) traded up $0.06 during midday trading on Wednesday, reaching $12.47. The company’s stock had a trading volume of 97,746 shares, compared to its average volume of 72,750. Eaton Vance Municipal Income Trust has a 1-year low of $12.22 and a 1-year high of $13.18.
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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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