Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) to Distribute Monthly Dividend of $0.07 on March 31st

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) declared a monthly dividend on Monday, March 2nd. Shareholders of record on Monday, March 16th will be given a dividend of 0.0651 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 8.9%. The ex-dividend date of this dividend is Monday, March 16th.

Eaton Vance Risk-Managed Diversified Equity Income Fund Stock Up 0.7%

ETJ stock traded up $0.06 during trading hours on Wednesday, hitting $8.77. 138,425 shares of the stock were exchanged, compared to its average volume of 159,489. The company has a 50-day simple moving average of $8.80 and a two-hundred day simple moving average of $8.85. Eaton Vance Risk-Managed Diversified Equity Income Fund has a 12 month low of $7.40 and a 12 month high of $9.11.

Eaton Vance Risk-Managed Diversified Equity Income Fund Company Profile

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE: ETJ) is a closed-end management investment company launched in November 2008 and managed by Eaton Vance Advisors, a subsidiary of Morgan Stanley. The fund’s primary objective is to provide a high level of monthly distributable income with an element of capital preservation. It seeks to achieve this through a diversified portfolio of equity securities combined with a systematic option overlay strategy.

The core equity allocation is invested primarily in dividend-paying common stocks of large- and mid-cap companies across a range of sectors, including financials, technology, industrials and consumer staples.