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

Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY) declared a monthly dividend on Tuesday, July 2nd, Wall Street Journal reports. Shareholders of record on Tuesday, July 23rd will be given a dividend of 0.0992 per share by the investment management company on Wednesday, July 31st. This represents a $1.19 dividend on an annualized basis and a yield of 8.42%. The ex-dividend date is Tuesday, July 23rd. 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 payment by an average of 1.5% per year over the last three years.

Eaton Vance Tax-Managed Diversified Equity Income Fund Trading Up 0.6 %

ETY stock traded up $0.08 during midday trading on Tuesday, reaching $14.13. 190,833 shares of the company were exchanged, compared to its average volume of 237,776. The business has a 50-day moving average price of $13.64 and a two-hundred day moving average price of $13.04. Eaton Vance Tax-Managed Diversified Equity Income Fund has a one year low of $10.59 and a one year high of $14.20.

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.