Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) to Issue Monthly Dividend of $0.11

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) declared a monthly dividend on Monday, February 2nd. Investors of record on Tuesday, February 17th will be given a dividend of 0.1058 per share by the financial services provider on Friday, February 27th. This represents a c) annualized dividend and a yield of 8.2%. The ex-dividend date is Tuesday, February 17th.

Eaton Vance Tax-Managed Buy-Write Income Fund Stock Performance

NYSE ETB traded down $0.10 during trading hours on Tuesday, reaching $15.44. 21,223 shares of the company were exchanged, compared to its average volume of 56,183. Eaton Vance Tax-Managed Buy-Write Income Fund has a 1 year low of $11.03 and a 1 year high of $15.58. The business’s 50 day simple moving average is $15.29 and its 200-day simple moving average is $15.03.

About Eaton Vance Tax-Managed Buy-Write Income Fund

The Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE: ETB) is a closed-end management investment company that seeks to provide a high level of after-tax total return. The fund primarily invests in a portfolio of U.S. common stocks, focusing on large-capitalization companies with established dividend records. To enhance income and manage risk, ETB employs a covered call, or “buy-write,” strategy, writing call options on selected equity holdings to generate premium income.

Under its tax-managed approach, the fund aims to reduce the tax impact of distributions by employing option overlay techniques alongside traditional equity selection.