Eaton Vance Municipal Income Trust (NYSE:EVN) Plans Monthly Dividend of $0.05

Eaton Vance Municipal Income Trust (NYSE:EVNGet Free Report) declared a monthly dividend on Monday, July 1st, Wall Street Journal reports. Investors of record on Thursday, July 11th will be given a dividend of 0.0513 per share by the investment management company on Thursday, July 18th. This represents a $0.62 dividend on an annualized basis and a yield of 5.95%. The ex-dividend date of this dividend is Thursday, July 11th. This is a positive change from Eaton Vance Municipal Income Trust’s previous monthly dividend of $0.05.

Eaton Vance Municipal Income Trust Stock Performance

Eaton Vance Municipal Income Trust stock opened at $10.35 on Wednesday. The business has a 50 day simple moving average of $10.15 and a 200-day simple moving average of $10.10. Eaton Vance Municipal Income Trust has a 12 month low of $8.64 and a 12 month high of $10.45.

About Eaton Vance Municipal Income Trust

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Eaton Vance Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets. The fund invests primarily in investment grade municipal obligations of various sectors, such as cogeneration, education, electric utilities, general obligations, healthcare, hospital, housing, transportation, and nursing home.

Further Reading

Dividend History for Eaton Vance Municipal Income Trust (NYSE:EVN)

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