Eaton Vance Tax-Advantaged Dividend Income Fund to Issue Monthly Dividend of $0.16 (NYSE:EVT)

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) declared a monthly dividend on Friday, November 1st,Wall Street Journal reports. Investors of record on Thursday, November 21st will be given a dividend of 0.1646 per share by the closed-end fund on Friday, November 29th. This represents a $1.98 annualized dividend and a yield of 7.84%. The ex-dividend date is Thursday, November 21st.

Eaton Vance Tax-Advantaged Dividend Income Fund has decreased its dividend by an average of 1.8% annually over the last three years.

Eaton Vance Tax-Advantaged Dividend Income Fund Stock Performance

NYSE:EVT opened at $25.19 on Tuesday. The company’s 50-day simple moving average is $24.46 and its 200-day simple moving average is $23.93. Eaton Vance Tax-Advantaged Dividend Income Fund has a fifty-two week low of $20.34 and a fifty-two week high of $25.33.

Eaton Vance Tax-Advantaged Dividend Income Fund Company Profile

Eaton Vance Tax-Advantaged Dividend Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across the diversified sectors. The fund primarily invests in dividend paying value stocks of companies that qualify for favorable federal income tax treatment.