Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) Announces Dividend Increase – $0.07 Per Share

Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) announced a monthly dividend on Tuesday, February 4th,Wall Street Journal reports. Shareholders of record on Friday, February 14th will be paid a dividend of 0.074 per share on Friday, February 28th. This represents a $0.89 dividend on an annualized basis and a dividend yield of 7.89%. The ex-dividend date of this dividend is Friday, February 14th. This is a positive change from Eaton Vance Short Duration Diversified Income Fund’s previous monthly dividend of $0.07.

Eaton Vance Short Duration Diversified Income Fund Price Performance

Shares of EVG stock traded up $0.10 during mid-day trading on Tuesday, reaching $11.25. The stock had a trading volume of 138,106 shares, compared to its average volume of 43,814. The firm’s 50 day simple moving average is $11.05 and its 200 day simple moving average is $11.10. Eaton Vance Short Duration Diversified Income Fund has a one year low of $10.29 and a one year high of $11.45.

Eaton Vance Short Duration Diversified Income Fund Company Profile

Eaton Vance Short Duration Diversified Income Fund is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in fixed income markets of the United States. It primarily invests in senior, secured floating-rate loans, bank deposits denominated in foreign currencies, debt obligations of foreign governmental and corporate issuers, and mortgage-backed securities.