Eaton Vance Risk-Managed Diversified Equity Income Fund Declares Monthly Dividend of $0.07 (NYSE:ETJ)

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) declared a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Shareholders of record on Friday, March 14th will be given a dividend of 0.0651 per share on Monday, March 31st. This represents a $0.78 annualized dividend and a yield of 9.11%. The ex-dividend date of this dividend is Friday, March 14th.

Eaton Vance Risk-Managed Diversified Equity Income Fund has decreased its dividend payment by an average of 5.6% per year over the last three years.

Eaton Vance Risk-Managed Diversified Equity Income Fund Trading Up 0.5 %

Shares of NYSE:ETJ opened at $8.58 on Wednesday. Eaton Vance Risk-Managed Diversified Equity Income Fund has a 12-month low of $8.10 and a 12-month high of $9.60. The business’s fifty day simple moving average is $9.11 and its 200-day simple moving average is $9.18.

Eaton Vance Risk-Managed Diversified Equity Income Fund Company Profile

Eaton Vance Risk-Managed Diversified Equity Income Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in the public equity markets of the United States. It primarily invests in common stocks and purchases out-of-the-money, short-dated S&P 500 index put options and sells out-of-the-money S&P 500 Index call options of the same term as the put options with roll dates that are staggered across the options portfolio.