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

Eaton Vance Municipal Income Trust (NYSE:EVN) announced a monthly dividend on Monday, March 2nd. Shareholders of record on Friday, March 13th will be paid a dividend of 0.0513 per share by the investment management company on Wednesday, March 25th. This represents a c) dividend on an annualized basis and a yield of 5.6%. The ex-dividend date of this dividend is Friday, March 13th.

Eaton Vance Municipal Income Trust Stock Performance

NYSE:EVN opened at $10.95 on Wednesday. The company has a 50-day moving average of $10.88 and a 200-day moving average of $10.90. Eaton Vance Municipal Income Trust has a twelve month low of $9.59 and a twelve month high of $11.23.

Eaton Vance Municipal Income Trust Company Profile

Eaton Vance Municipal Income Trust (NYSE: EVN) is a closed-end management investment company that seeks to provide shareholders with current income exempt from federal income taxes. The trust primarily invests in investment-grade municipal securities issued by U.S. state and local governments, authorities and agencies. By focusing on tax-exempt income, EVN aims to deliver attractive after-tax yields to individual and institutional investors.

The fund’s portfolio is diversified across sectors such as general obligation bonds, revenue bonds, essential service issuers and housing finance agencies.