Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX) Announces Monthly Dividend of $0.08

Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX) declared a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Investors of record on Friday, March 14th will be paid a dividend of 0.0782 per share by the investment management company on Monday, March 31st. This represents a $0.94 annualized dividend and a yield of 5.11%. The ex-dividend date is Friday, March 14th.

Eaton Vance Municipal Income 2028 Term Trust has increased its dividend by an average of 3.3% per year over the last three years.

Eaton Vance Municipal Income 2028 Term Trust Price Performance

Shares of ETX stock traded up $0.04 during mid-day trading on Tuesday, hitting $18.38. 16,094 shares of the company’s stock were exchanged, compared to its average volume of 19,354. The stock has a 50-day simple moving average of $18.03 and a two-hundred day simple moving average of $18.39. Eaton Vance Municipal Income 2028 Term Trust has a fifty-two week low of $17.48 and a fifty-two week high of $19.44.

Eaton Vance Municipal Income 2028 Term Trust Company Profile

Eaton Vance Municipal Income 2028 Term Trust is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets. The fund invest in stocks of companies operating across the diversified sectors. It was previously known as Eaton Vance Municipal Income Term Trust.