Eaton Vance Risk-Mngd Dvrsfd Eqty Inc Fd (NYSE:ETJ) to Issue Monthly Dividend of $0.08
Eaton Vance Risk-Mngd Dvrsfd Eqty Inc Fd (NYSE:ETJ) declared a monthly dividend on Monday, July 1st, Zacks reports. Shareholders of record on Wednesday, July 24th will be paid a dividend of 0.076 per share on Wednesday, July 31st. This represents a $0.91 dividend on an annualized basis and a yield of 9.55%. The ex-dividend date is Tuesday, July 23rd.
Eaton Vance Risk-Mngd Dvrsfd Eqty Inc Fd has decreased its dividend payment by an average of 3.8% per year over the last three years.
Shares of ETJ opened at $9.55 on Monday. The company has a fifty day moving average price of $9.41. Eaton Vance Risk-Mngd Dvrsfd Eqty Inc Fd has a 52 week low of $7.76 and a 52 week high of $10.06.
Eaton Vance Risk-Managed Diversified Equity Income Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in the public equity markets of the United States. It primarily invests in common stocks and purchases out-of-the-money, short-dated S&P 500 index put options and sells out-of-the-money S&P 500 Index call options of the same term as the put options with roll dates that are staggered across the options portfolio.
Further Reading: Federal Reserve
Receive News & Ratings for Eaton Vance Risk-Mngd Dvrsfd Eqty Inc Fd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eaton Vance Risk-Mngd Dvrsfd Eqty Inc Fd and related companies with MarketBeat.com's FREE daily email newsletter.