Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX) to Issue Monthly Dividend of $0.08

Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX) announced a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Investors of record on Tuesday, April 15th will be paid a dividend of 0.0782 per share by the investment management company on Wednesday, April 30th. This represents a $0.94 dividend on an annualized basis and a yield of 5.14%. The ex-dividend date of this dividend is Tuesday, April 15th.

Eaton Vance Municipal Income 2028 Term Trust has raised its dividend payment by an average of 3.3% per year over the last three years.

Eaton Vance Municipal Income 2028 Term Trust Trading Up 0.2 %

Shares of Eaton Vance Municipal Income 2028 Term Trust stock opened at $18.25 on Thursday. The company has a 50-day simple moving average of $18.26 and a two-hundred day simple moving average of $18.31. Eaton Vance Municipal Income 2028 Term Trust has a one year low of $17.48 and a one year high of $19.44.

About Eaton Vance Municipal Income 2028 Term Trust

Eaton Vance Municipal Income 2028 Term Trust is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets. The fund invest in stocks of companies operating across the diversified sectors. It was previously known as Eaton Vance Municipal Income Term Trust.