Eaton Vance Municipal Income Trust (NYSE:EVN – Get Free Report) announced a monthly dividend on Wednesday, July 1st. Investors of record on Tuesday, July 14th will be given a dividend of 0.0513 per share by the investment management company on Friday, July 24th. This represents a c) annualized dividend and a dividend yield of 5.5%. The ex-dividend date is Tuesday, July 14th.
Eaton Vance Municipal Income Trust Stock Up 0.0%
NYSE:EVN opened at $11.21 on Thursday. Eaton Vance Municipal Income Trust has a one year low of $10.09 and a one year high of $11.26. The stock has a 50 day moving average price of $10.75 and a 200 day moving average price of $10.77.
About Eaton Vance Municipal Income Trust
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.
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