Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) Increases Dividend to $0.17 Per Share

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) declared a monthly dividend on Tuesday, October 1st, Zacks reports. Stockholders of record on Wednesday, October 23rd will be given a dividend of 0.165 per share by the closed-end fund on Thursday, October 31st. This represents a $1.98 annualized dividend and a dividend yield of 8.08%. The ex-dividend date is Wednesday, October 23rd. This is a boost from Eaton Vance Tax-Advantaged Dividend Income Fund’s previous monthly dividend of $0.16.

Eaton Vance Tax-Advantaged Dividend Income Fund has decreased its dividend payment by an average of 1.8% per year over the last three years.

Eaton Vance Tax-Advantaged Dividend Income Fund Trading Down 0.2 %

Shares of NYSE EVT traded down $0.04 during midday trading on Thursday, hitting $24.49. The company’s stock had a trading volume of 10,159 shares, compared to its average volume of 114,392. The business’s fifty day simple moving average is $24.02 and its two-hundred day simple moving average is $23.56. Eaton Vance Tax-Advantaged Dividend Income Fund has a 1 year low of $18.70 and a 1 year high of $24.80.

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.