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 3rd,Wall Street Journal reports. Shareholders of record on Thursday, February 13th will be paid a dividend of 0.0513 per share by the investment management company on Monday, February 24th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 5.85%. The ex-dividend date is Thursday, February 13th.

Eaton Vance Municipal Income Trust Trading Down 0.1 %

Shares of Eaton Vance Municipal Income Trust stock opened at $10.53 on Tuesday. The firm has a 50-day simple moving average of $10.27 and a two-hundred day simple moving average of $10.58. Eaton Vance Municipal Income Trust has a fifty-two week low of $9.79 and a fifty-two week high of $11.31.

Eaton Vance Municipal Income Trust Company Profile

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.