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

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) declared a monthly dividend on Monday, July 1st, Wall Street Journal reports. Stockholders of record on Tuesday, July 23rd will be paid a dividend of 0.1646 per share by the closed-end fund on Wednesday, July 31st. This represents a $1.98 dividend on an annualized basis and a dividend yield of 8.41%. The ex-dividend date of this dividend is Tuesday, July 23rd.

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

Eaton Vance Tax-Advantaged Dividend Income Fund Trading Up 0.4 %

Shares of NYSE:EVT traded up $0.10 during midday trading on Wednesday, reaching $23.50. 13,022 shares of the company’s stock traded hands, compared to its average volume of 112,229. Eaton Vance Tax-Advantaged Dividend Income Fund has a one year low of $18.70 and a one year high of $24.19. The stock has a 50 day moving average of $23.32 and a 200 day moving average of $22.81.

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.