Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) Increases Dividend to $0.07 Per Share

Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) announced a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Stockholders of record on Friday, February 14th will be given a dividend of 0.074 per share on Friday, February 28th. This represents a $0.89 annualized dividend and a dividend yield of 7.89%. The ex-dividend date of this dividend is Friday, February 14th. This is a boost from Eaton Vance Short Duration Diversified Income Fund’s previous monthly dividend of $0.07.

Eaton Vance Short Duration Diversified Income Fund Stock Up 0.9 %

Shares of EVG stock opened at $11.25 on Wednesday. Eaton Vance Short Duration Diversified Income Fund has a one year low of $10.29 and a one year high of $11.45. The company’s 50-day simple moving average is $11.05 and its 200-day simple moving average is $11.10.

About Eaton Vance Short Duration Diversified Income Fund

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.