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

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) announced a monthly dividend on Thursday, May 2nd, Wall Street Journal reports. Stockholders of record on Friday, May 24th will be given a dividend of 0.1646 per share by the closed-end fund on Friday, May 31st. This represents a $1.98 annualized dividend and a dividend yield of 8.67%. The ex-dividend date of this dividend is Thursday, May 23rd.

Eaton Vance Tax-Advantaged Dividend Income Fund has decreased its dividend by an average of 1.8% annually over the last three years and has raised its dividend annually for the last 1 consecutive years.

Eaton Vance Tax-Advantaged Dividend Income Fund Stock Performance

EVT stock traded up $0.16 during mid-day trading on Thursday, hitting $22.79. The stock had a trading volume of 89,088 shares, compared to its average volume of 118,813. The company has a fifty day moving average of $22.91 and a 200 day moving average of $21.86. Eaton Vance Tax-Advantaged Dividend Income Fund has a 1-year low of $18.70 and a 1-year high of $23.82.

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.