Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) Plans $0.07 Monthly Dividend

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) announced a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Investors of record on Friday, March 14th will be paid a dividend of 0.0657 per share by the financial services provider on Monday, March 31st. This represents a $0.79 annualized dividend and a dividend yield of 9.52%. The ex-dividend date is Friday, March 14th.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund has decreased its dividend by an average of 0.7% annually over the last three years.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Stock Performance

Shares of EXG opened at $8.29 on Wednesday. Eaton Vance Tax-Managed Global Diversified Equity Income Fund has a twelve month low of $7.70 and a twelve month high of $8.80. The firm’s 50-day moving average is $8.39 and its two-hundred day moving average is $8.43.

Insider Buying and Selling

In other news, insider Keith Quinton bought 10,000 shares of the stock in a transaction on Thursday, February 20th. The shares were bought at an average price of $8.48 per share, with a total value of $84,800.00. Following the completion of the acquisition, the insider now owns 10,000 shares of the company’s stock, valued at approximately $84,800. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Company Profile

Eaton Vance Tax-Managed Global Diversified Equity Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies.