Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) To Go Ex-Dividend on March 16th

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) declared a monthly dividend on Monday, March 2nd. Stockholders of record on Monday, March 16th will be given a dividend of 0.1058 per share by the financial services provider on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 8.5%. The ex-dividend date is Monday, March 16th.

Eaton Vance Tax-Managed Buy-Write Income Fund Trading Down 0.7%

NYSE ETB opened at $14.91 on Friday. Eaton Vance Tax-Managed Buy-Write Income Fund has a 12 month low of $11.03 and a 12 month high of $15.60. The company’s 50 day simple moving average is $15.34 and its 200 day simple moving average is $15.17.

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.