Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) Plans $0.07 Monthly Dividend

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) announced a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Investors of record on Friday, March 14th will be paid a dividend of 0.0657 per share by the financial services provider on Monday, March 31st. This represents a $0.79 annualized dividend and a yield of 9.52%. The ex-dividend date of this dividend is Friday, March 14th.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund has decreased its dividend payment by an average of 0.7% annually over the last three years.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Stock Down 0.5 %

Shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund stock traded down $0.05 during trading hours on Tuesday, hitting $8.29. The company’s stock had a trading volume of 689,884 shares, compared to its average volume of 521,909. The stock has a 50 day moving average of $8.39 and a 200 day moving average of $8.43. Eaton Vance Tax-Managed Global Diversified Equity Income Fund has a 12 month low of $7.70 and a 12 month high of $8.80.

Insider Buying and Selling

In related news, insider Keith Quinton purchased 10,000 shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund stock in a transaction dated Thursday, February 20th. The stock was bought at an average price of $8.48 per share, for a total transaction of $84,800.00. Following the completion of the acquisition, the insider now directly owns 10,000 shares of the company’s stock, valued at $84,800. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Company Profile

Eaton Vance Tax-Managed Global Diversified Equity Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies.