Eaton Vance Municipal Income Trust Announces Monthly Dividend of $0.05 (NYSE:EVN)

Eaton Vance Municipal Income Trust (NYSE:EVN) announced a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Stockholders of record on Thursday, March 13th will be paid a dividend of 0.0513 per share by the investment management company on Friday, March 21st. This represents a $0.62 dividend on an annualized basis and a dividend yield of 5.77%. The ex-dividend date is Thursday, March 13th.

Eaton Vance Municipal Income Trust Price Performance

NYSE EVN opened at $10.67 on Wednesday. The business has a 50 day simple moving average of $10.35 and a 200 day simple moving average of $10.58. Eaton Vance Municipal Income Trust has a 52-week low of $9.79 and a 52-week high of $11.31.

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.