Eaton Vance Municipal Income Trust (NYSE:EVN - Get Free Report) announced a monthly dividend on Tuesday, June 3rd, Wall Street Journal reports. Shareholders of record on Friday, June 13th will be given a dividend of 0.0513 per share by the investment management company on Thursday, June 26th. This represents a $0.62 dividend on an annualized basis and a yield of 6.02%. The ex-dividend date of this dividend is Friday, June 13th.
Eaton Vance Municipal Income Trust Stock Down 0.3%
NYSE EVN traded down $0.03 during trading on Thursday, reaching $10.23. 35,447 shares of the company traded hands, compared to its average volume of 93,602. The stock's 50 day moving average price is $10.16 and its two-hundred day moving average price is $10.32. Eaton Vance Municipal Income Trust has a 1-year low of $9.59 and a 1-year high of $11.31.
Institutional Investors Weigh In On Eaton Vance Municipal Income Trust
An institutional investor recently raised its position in Eaton Vance Municipal Income Trust stock. Royal Bank of Canada raised its holdings in shares of Eaton Vance Municipal Income Trust (NYSE:EVN - Free Report) by 5.1% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 93,673 shares of the investment management company's stock after acquiring an additional 4,582 shares during the period. Royal Bank of Canada owned approximately 0.24% of Eaton Vance Municipal Income Trust worth $961,000 at the end of the most recent reporting period.
About Eaton Vance Municipal Income Trust
(
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Eaton Vance Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets. The fund invests primarily in investment grade municipal obligations of various sectors, such as cogeneration, education, electric utilities, general obligations, healthcare, hospital, housing, transportation, and nursing home.
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