Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) to Issue Monthly Dividend of $0.16

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) announced a monthly dividend on Monday, March 2nd. Stockholders of record on Monday, March 16th will be paid a dividend of 0.1646 per share by the closed-end fund on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 7.6%. The ex-dividend date is Monday, March 16th.

Eaton Vance Tax-Advantaged Dividend Income Fund Price Performance

EVT traded down $0.01 during trading on Wednesday, reaching $25.98. 47,179 shares of the company’s stock were exchanged, compared to its average volume of 112,050. The company’s fifty day moving average price is $25.80 and its 200-day moving average price is $24.84. Eaton Vance Tax-Advantaged Dividend Income Fund has a fifty-two week low of $19.20 and a fifty-two week high of $26.65.

About Eaton Vance Tax-Advantaged Dividend Income Fund

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE: EVT) is a closed-end management investment company that seeks to provide shareholders with a high level of tax-advantaged income and the potential for capital appreciation. The fund pursues its investment objective by primarily acquiring dividend-paying equity securities of U.S. and foreign companies, with a focus on businesses that have demonstrated a track record of consistent cash distributions. EVT may also invest in American depositary receipts and other securities that offer favorable tax treatment for U.S.