Eaton Vance Municipal Income Trust (EVN) to Issue Monthly Dividend of $0.05 on March 25th

Eaton Vance Municipal Income Trust (NYSE:EVN) announced a monthly dividend on Monday, March 2nd. Stockholders of record on Friday, March 13th will be given a dividend of 0.0513 per share by the investment management company on Wednesday, March 25th. This represents a c) annualized dividend and a dividend yield of 5.6%. The ex-dividend date of this dividend is Friday, March 13th.

Eaton Vance Municipal Income Trust Stock Performance

Shares of EVN stock traded down $0.01 during mid-day trading on Wednesday, reaching $10.94. The company’s stock had a trading volume of 5,994 shares, compared to its average volume of 68,019. The company’s 50 day simple moving average is $10.88 and its 200-day simple moving average is $10.90. Eaton Vance Municipal Income Trust has a 12-month low of $9.59 and a 12-month high of $11.23.

About Eaton Vance Municipal Income Trust

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.