Eaton Vance Municipal Income Trust (EVN) to Issue Monthly Dividend of $0.05 on February 24th

Eaton Vance Municipal Income Trust (NYSE:EVN) declared a monthly dividend on Monday, February 2nd. Investors of record on Friday, February 13th will be given a dividend of 0.0513 per share by the investment management company on Tuesday, February 24th. This represents a c) annualized dividend and a yield of 5.7%. The ex-dividend date is Friday, February 13th.

Eaton Vance Municipal Income Trust Price Performance

Eaton Vance Municipal Income Trust stock opened at $10.84 on Wednesday. Eaton Vance Municipal Income Trust has a 12-month low of $9.59 and a 12-month high of $11.23. The firm has a 50 day moving average of $10.85 and a 200 day moving average of $10.83.

Eaton Vance Municipal Income Trust Company Profile

Eaton Vance Municipal Income Trust (NYSE: EVN) is a closed-end management investment company that seeks to provide shareholders with current income exempt from federal income taxes. The trust primarily invests in investment-grade municipal securities issued by U.S. state and local governments, authorities and agencies. By focusing on tax-exempt income, EVN aims to deliver attractive after-tax yields to individual and institutional investors.

The fund’s portfolio is diversified across sectors such as general obligation bonds, revenue bonds, essential service issuers and housing finance agencies.