Eaton Vance Tax-Advantaged Dividend Income Fund (EVT) to Issue Monthly Dividend of $0.16 on March 31st

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) declared a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Shareholders of record on Friday, March 14th will be given a dividend of 0.1646 per share by the closed-end fund on Monday, March 31st. This represents a $1.98 dividend on an annualized basis and a yield of 8.44%. The ex-dividend date is Friday, March 14th.

Eaton Vance Tax-Advantaged Dividend Income Fund has decreased its dividend by an average of 0.8% annually over the last three years.

Eaton Vance Tax-Advantaged Dividend Income Fund Trading Down 1.6 %

Shares of NYSE:EVT opened at $23.40 on Wednesday. The firm’s 50 day moving average price is $24.22 and its 200-day moving average price is $24.44. Eaton Vance Tax-Advantaged Dividend Income Fund has a twelve month low of $22.29 and a twelve month high of $25.83.

Insider Transactions at Eaton Vance Tax-Advantaged Dividend Income Fund

In related news, insider Keith Quinton bought 8,000 shares of the stock in a transaction that occurred on Thursday, February 20th. The shares were bought at an average cost of $24.24 per share, for a total transaction of $193,920.00. Following the completion of the transaction, the insider now owns 8,000 shares of the company’s stock, valued at approximately $193,920. This trade represents a ? increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Eaton Vance Tax-Advantaged Dividend Income Fund Company Profile

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.