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

Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY) announced a monthly dividend on Tuesday, February 4th,Wall Street Journal reports. Shareholders of record on Friday, February 14th will be paid a dividend of 0.0992 per share by the investment management company on Friday, February 28th. This represents a $1.19 annualized dividend and a yield of 7.74%. The ex-dividend date is Friday, February 14th.

Eaton Vance Tax-Managed Diversified Equity Income Fund has raised its dividend by an average of 82.8% per year over the last three years.

Eaton Vance Tax-Managed Diversified Equity Income Fund Stock Performance

NYSE ETY traded up $0.08 on Tuesday, hitting $15.38. 238,109 shares of the company’s stock traded hands, compared to its average volume of 246,664. Eaton Vance Tax-Managed Diversified Equity Income Fund has a 1-year low of $12.58 and a 1-year high of $15.60. The firm’s 50-day moving average price is $15.11 and its two-hundred day moving average price is $14.59.

About Eaton Vance Tax-Managed Diversified Equity Income Fund

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.