Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) Declares $0.07 Monthly Dividend

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders of record on Wednesday, January 15th will be given a dividend of 0.0651 per share on Friday, January 31st. This represents a $0.78 annualized dividend and a yield of 8.43%. The ex-dividend date of this dividend is Wednesday, January 15th.

Eaton Vance Risk-Managed Diversified Equity Income Fund has decreased its dividend payment by an average of 8.7% annually over the last three years.

Eaton Vance Risk-Managed Diversified Equity Income Fund Stock Up 0.4 %

Shares of ETJ traded up $0.04 during mid-day trading on Friday, hitting $9.27. 96,486 shares of the company traded hands, compared to its average volume of 92,643. The stock has a 50-day moving average price of $9.29 and a two-hundred day moving average price of $9.09. Eaton Vance Risk-Managed Diversified Equity Income Fund has a 1 year low of $7.56 and a 1 year high of $9.60.

About Eaton Vance Risk-Managed Diversified Equity Income Fund

Eaton Vance Risk-Managed Diversified Equity Income Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in the public equity markets of the United States. It primarily invests in common stocks and purchases out-of-the-money, short-dated S&P 500 index put options and sells out-of-the-money S&P 500 Index call options of the same term as the put options with roll dates that are staggered across the options portfolio.