Eaton Vance Tax-Advantaged Dividend Income Fund (EVT) to Issue Monthly Dividend of $0.17 on October 31st

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) declared a monthly dividend on Tuesday, October 1st, Zacks reports. Investors of record on Wednesday, October 23rd will be paid a dividend of 0.165 per share by the closed-end fund on Thursday, October 31st. This represents a $1.98 dividend on an annualized basis and a yield of 7.97%. The ex-dividend date of this dividend is Wednesday, October 23rd. This is a boost from Eaton Vance Tax-Advantaged Dividend Income Fund’s previous monthly dividend of $0.16.

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

Eaton Vance Tax-Advantaged Dividend Income Fund Stock Performance

Shares of EVT stock opened at $24.85 on Monday. Eaton Vance Tax-Advantaged Dividend Income Fund has a 12-month low of $18.70 and a 12-month high of $24.87. The firm has a 50 day moving average price of $24.25 and a two-hundred day moving average price of $23.67.

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.