Eaton Vance Risk-Managed Diversified Equity Income Fund Plans Monthly Dividend of $0.07 (NYSE:ETJ)

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) announced a monthly dividend on Wednesday, July 1st. Stockholders of record on Wednesday, July 15th will be paid a dividend of 0.0651 per share on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 9.3%. The ex-dividend date is Wednesday, July 15th.

Eaton Vance Risk-Managed Diversified Equity Income Fund Stock Performance

Shares of NYSE:ETJ traded up $0.01 during mid-day trading on Thursday, hitting $8.39. The company had a trading volume of 7,813 shares, compared to its average volume of 155,453. The firm has a fifty day moving average price of $8.37 and a 200 day moving average price of $8.53. Eaton Vance Risk-Managed Diversified Equity Income Fund has a one year low of $7.88 and a one year high of $9.11.

About Eaton Vance Risk-Managed Diversified Equity Income Fund

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE: ETJ) is a closed-end management investment company launched in November 2008 and managed by Eaton Vance Advisors, a subsidiary of Morgan Stanley. The fund’s primary objective is to provide a high level of monthly distributable income with an element of capital preservation. It seeks to achieve this through a diversified portfolio of equity securities combined with a systematic option overlay strategy.

The core equity allocation is invested primarily in dividend-paying common stocks of large- and mid-cap companies across a range of sectors, including financials, technology, industrials and consumer staples.