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

Eaton Vance Municipal Income Trust (NYSE:EVN) announced a monthly dividend on Friday, November 1st, Wall Street Journal reports. Shareholders of record on Monday, November 11th will be paid a dividend of 0.0513 per share by the investment management company on Monday, November 18th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 5.95%. The ex-dividend date of this dividend is Friday, November 8th.

Eaton Vance Municipal Income Trust Price Performance

Shares of NYSE:EVN opened at $10.35 on Thursday. The firm has a fifty day moving average of $10.86 and a two-hundred day moving average of $10.50. Eaton Vance Municipal Income Trust has a 12-month low of $9.22 and a 12-month 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.