Eaton Vance Municipal Income Trust to Issue Monthly Dividend of $0.05 (NYSE:EVN)

Eaton Vance Municipal Income Trust (NYSE:EVN) declared a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Shareholders of record on Thursday, March 13th will be given a dividend of 0.0513 per share by the investment management company on Friday, March 21st. This represents a $0.62 dividend on an annualized basis and a yield of 5.77%. The ex-dividend date is Thursday, March 13th.

Eaton Vance Municipal Income Trust Trading Down 0.5 %

NYSE EVN traded down $0.05 during trading hours on Tuesday, reaching $10.67. 35,917 shares of the company traded hands, compared to its average volume of 100,754. The company has a 50 day moving average of $10.35 and a two-hundred day moving average of $10.58. Eaton Vance Municipal Income Trust has a 12 month low of $9.79 and a 12 month high of $11.31.

About Eaton Vance Municipal Income Trust

Eaton Vance Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets. The fund invests primarily in investment grade municipal obligations of various sectors, such as cogeneration, education, electric utilities, general obligations, healthcare, hospital, housing, transportation, and nursing home.