Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) to Issue Monthly Dividend of $0.11 on June 30th

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) announced a monthly dividend on Monday, June 1st. Shareholders of record on Monday, June 15th will be given a dividend of 0.1058 per share by the financial services provider on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 8.2%. The ex-dividend date is Monday, June 15th.

Eaton Vance Tax-Managed Buy-Write Income Fund Price Performance

NYSE:ETB opened at $15.51 on Wednesday. The stock has a 50-day simple moving average of $15.08 and a two-hundred day simple moving average of $15.18. Eaton Vance Tax-Managed Buy-Write Income Fund has a 52-week low of $13.86 and a 52-week high of $15.67.

Eaton Vance Tax-Managed Buy-Write Income Fund Company Profile

The Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE: ETB) is a closed-end management investment company that seeks to provide a high level of after-tax total return. The fund primarily invests in a portfolio of U.S. common stocks, focusing on large-capitalization companies with established dividend records. To enhance income and manage risk, ETB employs a covered call, or “buy-write,” strategy, writing call options on selected equity holdings to generate premium income.

Under its tax-managed approach, the fund aims to reduce the tax impact of distributions by employing option overlay techniques alongside traditional equity selection.