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

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) declared a monthly dividend on Monday, March 2nd. Stockholders of record on Monday, March 16th will be given a dividend of 0.1058 per share by the financial services provider on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 8.2%. The ex-dividend date is Monday, March 16th.

Eaton Vance Tax-Managed Buy-Write Income Fund Trading Up 1.2%

ETB traded up $0.19 during trading hours on Wednesday, hitting $15.41. The stock had a trading volume of 40,466 shares, compared to its average volume of 50,551. Eaton Vance Tax-Managed Buy-Write Income Fund has a 1 year low of $11.03 and a 1 year high of $15.60. The company’s fifty day simple moving average is $15.37 and its 200 day simple moving average is $15.15.

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.