Eaton Vance Tax-Advantaged Dividend Income Fund (EVT) to Issue Monthly Dividend of $0.16 on February 27th

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) announced a monthly dividend on Monday, February 2nd. Investors of record on Tuesday, February 17th will be given a dividend of 0.1646 per share by the closed-end fund on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date is Tuesday, February 17th.

Eaton Vance Tax-Advantaged Dividend Income Fund Stock Up 0.2%

NYSE:EVT opened at $26.36 on Friday. Eaton Vance Tax-Advantaged Dividend Income Fund has a 12 month low of $19.20 and a 12 month high of $26.65. The firm’s 50 day moving average is $25.41 and its 200 day moving average is $24.64.

Hedge Funds Weigh In On Eaton Vance Tax-Advantaged Dividend Income Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EVT. First Horizon Corp purchased a new stake in shares of Eaton Vance Tax-Advantaged Dividend Income Fund during the 4th quarter valued at approximately $25,000. Oakworth Capital Inc. bought a new stake in Eaton Vance Tax-Advantaged Dividend Income Fund during the 4th quarter valued at $25,000. Advisory Services Network LLC bought a new stake in Eaton Vance Tax-Advantaged Dividend Income Fund during the 3rd quarter valued at $51,000. Blue Bell Private Wealth Management LLC lifted its position in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 247.9% during the third quarter. Blue Bell Private Wealth Management LLC now owns 3,131 shares of the closed-end fund’s stock worth $77,000 after acquiring an additional 2,231 shares in the last quarter. Finally, Kestra Advisory Services LLC bought a new position in shares of Eaton Vance Tax-Advantaged Dividend Income Fund in the fourth quarter worth $141,000.

About Eaton Vance Tax-Advantaged Dividend Income Fund

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE: EVT) is a closed-end management investment company that seeks to provide shareholders with a high level of tax-advantaged income and the potential for capital appreciation. The fund pursues its investment objective by primarily acquiring dividend-paying equity securities of U.S. and foreign companies, with a focus on businesses that have demonstrated a track record of consistent cash distributions. EVT may also invest in American depositary receipts and other securities that offer favorable tax treatment for U.S.