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

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) declared a monthly dividend on Tuesday, February 4th,Wall Street Journal reports. Investors of record on Friday, February 14th will be given a dividend of 0.1646 per share by the closed-end fund on Friday, February 28th. This represents a $1.98 annualized dividend and a yield of 7.99%. The ex-dividend date is Friday, February 14th.

Eaton Vance Tax-Advantaged Dividend Income Fund has raised its dividend payment by an average of 4.6% per year over the last three years.

Eaton Vance Tax-Advantaged Dividend Income Fund Trading Up 0.7 %

NYSE EVT traded up $0.16 during trading on Tuesday, reaching $24.72. 95,786 shares of the company’s stock were exchanged, compared to its average volume of 136,031. Eaton Vance Tax-Advantaged Dividend Income Fund has a fifty-two week low of $21.83 and a fifty-two week high of $25.83. The company’s fifty day simple moving average is $24.55 and its 200-day simple moving average is $24.37.

About Eaton Vance Tax-Advantaged Dividend Income Fund

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.