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Eaton Vance Municipal Income Trust (NYSE:EVN) Declares $0.05 Monthly Dividend

Eaton Vance Municipal Income Trust logo with Finance background

Eaton Vance Municipal Income Trust (NYSE:EVN - Get Free Report) announced a monthly dividend on Wednesday, July 2nd, Wall Street Journal reports. Stockholders of record on Friday, July 11th will be given a dividend of 0.0513 per share by the investment management company on Wednesday, July 23rd. This represents a $0.62 annualized dividend and a dividend yield of 5.93%. The ex-dividend date is Friday, July 11th.

Eaton Vance Municipal Income Trust Stock Performance

Shares of NYSE:EVN traded up $0.01 during mid-day trading on Thursday, hitting $10.38. 20,413 shares of the company traded hands, compared to its average volume of 99,444. The firm's 50 day simple moving average is $10.26 and its 200 day simple moving average is $10.28. Eaton Vance Municipal Income Trust has a 52-week low of $9.59 and a 52-week high of $11.31.

Hedge Funds Weigh In On Eaton Vance Municipal Income Trust

An institutional investor recently raised its position in Eaton Vance Municipal Income Trust stock. NewEdge Advisors LLC lifted its position in shares of Eaton Vance Municipal Income Trust (NYSE:EVN - Free Report) by 12.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 50,006 shares of the investment management company's stock after acquiring an additional 5,711 shares during the period. NewEdge Advisors LLC owned about 0.13% of Eaton Vance Municipal Income Trust worth $513,000 at the end of the most recent reporting period.

Eaton Vance Municipal Income Trust Company Profile

(Get Free Report)

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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Dividend History for Eaton Vance Municipal Income Trust (NYSE:EVN)

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