Eaton Vance Municipal Income Trust (NYSE:EVN) announced a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Shareholders of record on Thursday, December 12th will be given a dividend of 0.0474 per share by the investment management company on Thursday, December 19th. This represents a $0.57 dividend on an annualized basis and a yield of 4.42%. The ex-dividend date is Wednesday, December 11th.
Shares of EVN stock opened at $12.88 on Thursday. The company’s fifty day simple moving average is $12.74 and its two-hundred day simple moving average is $12.64. Eaton Vance Municipal Income Trust has a 52 week low of $10.92 and a 52 week high of $13.00.
In other Eaton Vance Municipal Income Trust news, insider (Jim) Askew James 11,447 shares of the business’s stock in a transaction dated Friday, November 29th. Company insiders own 1.00% of the company’s stock.
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.
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