Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY) Plans Monthly Dividend of $0.10

Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY) declared a monthly dividend on Thursday, May 2nd, Wall Street Journal reports. Shareholders of record on Friday, May 24th will be given a dividend of 0.0992 per share by the investment management company on Friday, May 31st. This represents a $1.19 dividend on an annualized basis and a yield of 8.93%. The ex-dividend date of this dividend is Thursday, May 23rd. This is a positive change from Eaton Vance Tax-Managed Diversified Equity Income Fund’s previous monthly dividend of $0.10.

Eaton Vance Tax-Managed Diversified Equity Income Fund has decreased its dividend by an average of 1.5% annually over the last three years and has raised its dividend every year for the last 1 years.

Eaton Vance Tax-Managed Diversified Equity Income Fund Stock Performance

Shares of Eaton Vance Tax-Managed Diversified Equity Income Fund stock traded up $0.11 during trading hours on Thursday, hitting $13.33. The company’s stock had a trading volume of 314,542 shares, compared to its average volume of 247,616. Eaton Vance Tax-Managed Diversified Equity Income Fund has a twelve month low of $10.59 and a twelve month high of $13.47. The firm has a fifty day moving average of $13.14 and a 200-day moving average of $12.35.

Eaton Vance Tax-Managed Diversified Equity Income Fund Company Profile

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