Eaton Vance Municipal Income Trust (NYSE:EVN) to Issue $0.05 Monthly Dividend

Eaton Vance Municipal Income Trust (NYSE:EVN) announced a monthly dividend on Tuesday, February 4th,Wall Street Journal reports. Shareholders of record on Thursday, February 13th will be given 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 yield of 5.92%. The ex-dividend date of this dividend is Thursday, February 13th.

Eaton Vance Municipal Income Trust Stock Up 0.5 %

Shares of Eaton Vance Municipal Income Trust stock traded up $0.06 during trading hours on Tuesday, reaching $10.41. 65,730 shares of the company were exchanged, compared to its average volume of 102,624. Eaton Vance Municipal Income Trust has a 1 year low of $9.79 and a 1 year high of $11.31. The stock’s fifty day moving average is $10.29 and its 200 day moving average is $10.58.

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.