Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) Announces Monthly Dividend of $0.17

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) declared a monthly dividend on Tuesday, October 1st, Zacks reports. Shareholders of record on Wednesday, October 23rd will be paid a dividend of 0.165 per share by the closed-end fund on Thursday, October 31st. This represents a $1.98 dividend on an annualized basis and a dividend yield of 7.97%. The ex-dividend date of this dividend 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 Up 0.6 %

NYSE EVT opened at $24.85 on Monday. The company has a 50 day moving average of $24.25 and a 200-day moving average of $23.67. Eaton Vance Tax-Advantaged Dividend Income Fund has a 1-year low of $18.70 and a 1-year high of $24.87.

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.