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 Tuesday, March 4th, Wall Street Journal reports. Investors of record on Thursday, March 13th will be given 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 yield of 5.77%. The ex-dividend date is Thursday, March 13th.

Eaton Vance Municipal Income Trust Price Performance

EVN stock traded down $0.05 during midday trading on Tuesday, reaching $10.67. The stock had a trading volume of 35,917 shares, compared to its average volume of 99,632. The business has a fifty day simple moving average of $10.35 and a two-hundred day simple moving average of $10.58. Eaton Vance Municipal Income Trust has a twelve month low of $9.79 and a twelve 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.