Eaton Vance Tax-Managed Diversified Equity Income Fund Plans Monthly Dividend of $0.10 (NYSE:ETY)

Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY) declared a monthly dividend on Wednesday, July 1st. Investors of record on Wednesday, July 15th will be given a dividend of 0.0992 per share by the investment management company on Friday, July 31st. This represents a c) annualized dividend and a yield of 8.2%. The ex-dividend date of this dividend is Wednesday, July 15th.

Eaton Vance Tax-Managed Diversified Equity Income Fund Stock Up 0.2%

Eaton Vance Tax-Managed Diversified Equity Income Fund stock traded up $0.03 during midday trading on Thursday, reaching $14.57. The company’s stock had a trading volume of 25,810 shares, compared to its average volume of 261,118. The business has a 50-day simple moving average of $14.66 and a 200-day simple moving average of $14.73. Eaton Vance Tax-Managed Diversified Equity Income Fund has a fifty-two week low of $13.12 and a fifty-two week high of $16.03.

Institutional Investors Weigh In On Eaton Vance Tax-Managed Diversified Equity Income Fund

Several institutional investors have recently added to or reduced their stakes in ETY. Centaurus Financial Inc. increased its stake in Eaton Vance Tax-Managed Diversified Equity Income Fund by 1.6% in the third quarter. Centaurus Financial Inc. now owns 42,805 shares of the investment management company’s stock valued at $681,000 after purchasing an additional 669 shares during the last quarter. MML Investors Services LLC boosted its holdings in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund by 2.4% in the 4th quarter. MML Investors Services LLC now owns 29,856 shares of the investment management company’s stock valued at $458,000 after buying an additional 689 shares in the last quarter. CWM LLC grew its position in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund by 64.5% in the 4th quarter. CWM LLC now owns 1,783 shares of the investment management company’s stock valued at $27,000 after buying an additional 699 shares during the last quarter. Summit Investment Advisory Services LLC grew its position in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund by 1.6% in the 4th quarter. Summit Investment Advisory Services LLC now owns 49,073 shares of the investment management company’s stock valued at $753,000 after buying an additional 751 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in Eaton Vance Tax-Managed Diversified Equity Income Fund by 0.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 101,200 shares of the investment management company’s stock worth $1,552,000 after acquiring an additional 881 shares in the last quarter.

Eaton Vance Tax-Managed Diversified Equity Income Fund Company Profile

The Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE: ETY) is a closed-end management investment company that seeks to provide a high level of after-tax total return. Launched in December 2004, ETY is managed by investment professionals at Eaton Vance—now part of Morgan Stanley Investment Management—and employs a tax-sensitive strategy designed to minimize the distribution of capital gains to shareholders.

ETY invests primarily in a diversified portfolio of dividend-paying equity securities across a broad range of industries.