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

Eaton Vance Municipal Income Trust (NYSE:EVN) announced a monthly dividend on Monday, November 4th, Wall Street Journal reports. Stockholders of record on Monday, November 11th will be given a dividend of 0.0513 per share by the investment management company on Monday, November 18th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 5.92%. The ex-dividend date is Friday, November 8th.

Eaton Vance Municipal Income Trust Trading Down 0.1 %

NYSE EVN traded down $0.01 during trading on Monday, reaching $10.40. 130,549 shares of the company’s stock were exchanged, compared to its average volume of 93,564. Eaton Vance Municipal Income Trust has a fifty-two week low of $9.17 and a fifty-two week high of $11.31. The company’s fifty day simple moving average is $10.88 and its 200-day simple moving average is $10.50.

Eaton Vance Municipal Income Trust Company Profile

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.