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 Tuesday, September 1st. Investors of record on Tuesday, September 15th will be paid a dividend of 0.1646 per share by the closed-end fund on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 6.9%. The ex-dividend date of this dividend is Tuesday, September 15th.

Eaton Vance Tax-Advantaged Dividend Income Fund Trading Up 0.7%

NYSE:EVT opened at $28.79 on Wednesday. The business’s fifty day moving average is $28.16 and its 200 day moving average is $26.67. Eaton Vance Tax-Advantaged Dividend Income Fund has a 52-week low of $23.00 and a 52-week high of $29.65.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. HighTower Advisors LLC lifted its stake in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 24.3% in the second quarter. HighTower Advisors LLC now owns 71,694 shares of the closed-end fund’s stock worth $1,985,000 after buying an additional 14,033 shares in the last quarter. Susquehanna International Group LLP acquired a new stake in shares of Eaton Vance Tax-Advantaged Dividend Income Fund during the second quarter worth about $208,000. Corient Private Wealth LP purchased a new position in Eaton Vance Tax-Advantaged Dividend Income Fund during the second quarter worth approximately $314,000. Bank of America Corp DE acquired a new stake in shares of Eaton Vance Tax-Advantaged Dividend Income Fund in the second quarter valued at approximately $3,053,000. Finally, Northwestern Mutual Wealth Management Co. acquired a new position in Eaton Vance Tax-Advantaged Dividend Income Fund in the 2nd quarter valued at about $60,000.

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.