Eaton Vance Tax-Advantaged Dividend Income Fund (EVT) to Issue Monthly Dividend of $0.16 on July 31st

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) announced a monthly dividend on Monday, July 1st, Wall Street Journal reports. Shareholders of record on Tuesday, July 23rd will be paid a dividend of 0.1646 per share by the closed-end fund on Wednesday, July 31st. This represents a $1.98 dividend on an annualized basis and a yield of 8.41%. The ex-dividend date is Tuesday, July 23rd.

Eaton Vance Tax-Advantaged Dividend Income Fund has decreased its dividend by an average of 1.8% per year over the last three years.

Eaton Vance Tax-Advantaged Dividend Income Fund Stock Up 0.4 %

NYSE:EVT traded up $0.10 during mid-day trading on Wednesday, reaching $23.50. 13,022 shares of the company were exchanged, compared to its average volume of 112,229. Eaton Vance Tax-Advantaged Dividend Income Fund has a 12 month low of $18.70 and a 12 month high of $24.19. The company has a fifty day moving average of $23.32 and a 200 day moving average of $22.81.

About Eaton Vance Tax-Advantaged Dividend Income Fund

Eaton Vance Tax-Advantaged Dividend 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 the diversified sectors. The fund primarily invests in dividend paying value stocks of companies that qualify for favorable federal income tax treatment.