Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY) Raises Dividend to $0.10 Per Share

Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY) announced a monthly dividend on Monday, November 4th, Wall Street Journal reports. Shareholders of record on Thursday, November 21st will be paid a dividend of 0.0992 per share by the investment management company on Friday, November 29th. This represents a $1.19 annualized dividend and a yield of 8.27%. The ex-dividend date of this dividend is Thursday, November 21st. This is a boost from Eaton Vance Tax-Managed Diversified Equity Income Fund’s previous monthly dividend of $0.10.

Eaton Vance Tax-Managed Diversified Equity Income Fund has decreased its dividend by an average of 1.5% annually over the last three years.

Eaton Vance Tax-Managed Diversified Equity Income Fund Price Performance

ETY traded down $0.12 on Monday, hitting $14.40. The company had a trading volume of 179,037 shares, compared to its average volume of 245,328. The stock has a fifty day moving average price of $14.43 and a 200-day moving average price of $13.98. Eaton Vance Tax-Managed Diversified Equity Income Fund has a 12-month low of $11.12 and a 12-month high of $14.92.

Eaton Vance Tax-Managed Diversified Equity Income Fund Company Profile

Eaton Vance Tax-Managed Diversified Equity 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 diversified sectors. The fund primarily invests in dividend paying stocks of companies.