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

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) announced a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Stockholders of record on Friday, February 14th will be paid a dividend of 0.1646 per share by the closed-end fund on Friday, February 28th. This represents a $1.98 dividend on an annualized basis and a dividend yield of 7.99%. The ex-dividend date is Friday, February 14th.

Eaton Vance Tax-Advantaged Dividend Income Fund has raised its dividend payment by an average of 4.6% annually over the last three years.

Eaton Vance Tax-Advantaged Dividend Income Fund Stock Up 0.7 %

Eaton Vance Tax-Advantaged Dividend Income Fund stock opened at $24.72 on Wednesday. The business has a 50 day moving average of $24.51 and a 200-day moving average of $24.38. Eaton Vance Tax-Advantaged Dividend Income Fund has a 1 year low of $21.83 and a 1 year high of $25.83.

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.