Eaton Vance Ohio Municipal Income Trust (NYSEAMERICAN:EVO) announced a monthly dividend on Thursday, January 3rd, Wall Street Journal reports. Stockholders of record on Monday, January 14th will be paid a dividend of 0.0722 per share on Tuesday, January 22nd. This represents a $0.87 dividend on an annualized basis and a dividend yield of 6.84%. The ex-dividend date of this dividend is Friday, January 11th. This is an increase from Eaton Vance Ohio Municipal Income Trust’s previous monthly dividend of $0.05.
Eaton Vance Ohio Municipal Income Trust has decreased its dividend by an average of 6.9% per year over the last three years.
Shares of NYSEAMERICAN EVO opened at $12.67 on Thursday. Eaton Vance Ohio Municipal Income Trust has a 1 year low of $11.74 and a 1 year high of $13.11.
Eaton Vance Ohio Municipal Income Trust is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets. The fund invests primarily in debt securities issued by cogeneration, education, electric utilities, general obligations, hospital, industrial development, transportation, and water and sewer sectors.
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