Eaton Vance Tax-Advantaged Dividend Income Fund to Issue Monthly Dividend of $0.16 (NYSE:EVT)

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) announced a monthly dividend on Friday, November 1st,Wall Street Journal reports. Stockholders of record on Thursday, November 21st will be paid a dividend of 0.1646 per share by the closed-end fund on Friday, November 29th. This represents a $1.98 dividend on an annualized basis and a dividend yield of 7.84%. The ex-dividend date of this dividend is Thursday, November 21st.

Eaton Vance Tax-Advantaged Dividend Income Fund has decreased its dividend by an average of 1.8% per year over the last three years.

Eaton Vance Tax-Advantaged Dividend Income Fund Stock Up 0.6 %

EVT stock opened at $25.19 on Tuesday. The firm’s fifty day moving average is $24.46 and its 200 day moving average is $23.93. Eaton Vance Tax-Advantaged Dividend Income Fund has a 52 week low of $20.34 and a 52 week high of $25.33.

Eaton Vance Tax-Advantaged Dividend Income Fund Company Profile

Eaton Vance Tax-Advantaged Dividend Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across the diversified sectors. The fund primarily invests in dividend paying value stocks of companies that qualify for favorable federal income tax treatment.