Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) Declares $0.16 Monthly Dividend

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) announced a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Stockholders of record on Friday, February 14th will be given a dividend of 0.1646 per share by the closed-end fund on Friday, February 28th. This represents a $1.98 annualized dividend and a dividend yield of 7.99%. The ex-dividend date of this dividend is Friday, February 14th.

Eaton Vance Tax-Advantaged Dividend Income Fund has increased its dividend by an average of 4.6% annually over the last three years.

Eaton Vance Tax-Advantaged Dividend Income Fund Price Performance

Shares of Eaton Vance Tax-Advantaged Dividend Income Fund stock traded up $0.16 during midday trading on Tuesday, hitting $24.72. 95,786 shares of the company were exchanged, compared to its average volume of 136,031. The firm has a 50 day simple moving average of $24.55 and a 200-day simple moving average of $24.37. Eaton Vance Tax-Advantaged Dividend Income Fund has a 52 week low of $21.83 and a 52 week high of $25.83.

About Eaton Vance Tax-Advantaged Dividend Income Fund

Eaton Vance Tax-Advantaged Dividend Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across the diversified sectors. The fund primarily invests in dividend paying value stocks of companies that qualify for favorable federal income tax treatment.