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

Eaton Vance Municipal Income Trust (NYSE:EVN) announced a monthly dividend on Tuesday, September 1st. Shareholders of record on Monday, September 14th will be given a dividend of 0.0513 per share by the investment management company on Thursday, September 24th. This represents a c) annualized dividend and a dividend yield of 5.8%. The ex-dividend date is Monday, September 14th.

Eaton Vance Municipal Income Trust Stock Performance

NYSE:EVN opened at $10.58 on Wednesday. The company’s 50-day simple moving average is $10.84 and its 200-day simple moving average is $10.76. Eaton Vance Municipal Income Trust has a fifty-two week low of $10.09 and a fifty-two week high of $11.26.

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.