Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) to Issue Monthly Dividend of $0.11

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) declared a monthly dividend on Monday, June 1st. Shareholders of record on Monday, June 15th will be paid a dividend of 0.1058 per share by the financial services provider on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 8.2%. The ex-dividend date of this dividend is Monday, June 15th.

Eaton Vance Tax-Managed Buy-Write Income Fund Stock Performance

Shares of ETB stock opened at $15.55 on Tuesday. The stock’s fifty day moving average is $15.08 and its two-hundred day moving average is $15.18. Eaton Vance Tax-Managed Buy-Write Income Fund has a fifty-two week low of $13.86 and a fifty-two week high of $15.67.

Eaton Vance Tax-Managed Buy-Write Income Fund Company Profile

The Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE: ETB) is a closed-end management investment company that seeks to provide a high level of after-tax total return. The fund primarily invests in a portfolio of U.S. common stocks, focusing on large-capitalization companies with established dividend records. To enhance income and manage risk, ETB employs a covered call, or “buy-write,” strategy, writing call options on selected equity holdings to generate premium income.

Under its tax-managed approach, the fund aims to reduce the tax impact of distributions by employing option overlay techniques alongside traditional equity selection.