Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) to Issue $0.07 Monthly Dividend

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) announced a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Shareholders of record on Friday, March 14th will be given a dividend of 0.0657 per share by the financial services provider on Monday, March 31st. This represents a $0.79 annualized dividend and a yield of 9.52%. The ex-dividend date of this dividend is Friday, March 14th.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund has decreased its dividend by an average of 0.7% per year over the last three years.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Price Performance

Shares of EXG traded down $0.05 during mid-day trading on Tuesday, hitting $8.29. 689,884 shares of the company’s stock were exchanged, compared to its average volume of 521,909. Eaton Vance Tax-Managed Global Diversified Equity Income Fund has a 52 week low of $7.70 and a 52 week high of $8.80. The company has a 50-day simple moving average of $8.39 and a 200 day simple moving average of $8.43.

Insider Activity at Eaton Vance Tax-Managed Global Diversified Equity Income Fund

In other Eaton Vance Tax-Managed Global Diversified Equity Income Fund news, insider Keith Quinton purchased 10,000 shares of the business’s stock in a transaction on Thursday, February 20th. The shares were purchased at an average cost of $8.48 per share, with a total value of $84,800.00. Following the transaction, the insider now directly owns 10,000 shares of the company’s stock, valued at $84,800. This represents a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Company Profile

Eaton Vance Tax-Managed Global Diversified Equity Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies.