Eaton Vance Municipal Income Trust (EVN) to Issue Monthly Dividend of $0.05 on May 20th

Eaton Vance Municipal Income Trust (NYSE:EVN) declared a monthly dividend on Thursday, May 2nd, Wall Street Journal reports. Stockholders of record on Monday, May 13th will be paid a dividend of 0.0461 per share by the investment management company on Monday, May 20th. This represents a $0.55 annualized dividend and a dividend yield of 5.47%. The ex-dividend date is Friday, May 10th.

Eaton Vance Municipal Income Trust has decreased its dividend payment by an average of 5.7% annually over the last three years and has increased its dividend every year for the last 1 years.

Eaton Vance Municipal Income Trust Trading Up 1.3 %

NYSE:EVN opened at $10.11 on Wednesday. Eaton Vance Municipal Income Trust has a 1 year low of $8.64 and a 1 year high of $10.45. The firm’s fifty day simple moving average is $10.08 and its 200 day simple moving average is $9.86.

Eaton Vance Municipal Income Trust Company Profile

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.