Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) to Issue Monthly Dividend of $0.10 on April 30th

Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETYGet Free Report) declared a monthly dividend on Monday, April 1st, Zacks reports. Investors of record on Tuesday, April 23rd will be paid a dividend of 0.099 per share by the investment management company on Tuesday, April 30th. This represents a $1.19 annualized dividend and a dividend yield of 8.94%. The ex-dividend date is Monday, April 22nd. This is a positive change from Eaton Vance Tax-Managed Diversified Equity Income Fund’s previous monthly dividend of $0.08.

Eaton Vance Tax-Managed Diversified Equity Income Fund has decreased its dividend payment by an average of 1.5% per year over the last three years.

Eaton Vance Tax-Managed Diversified Equity Income Fund Price Performance

Shares of ETY traded up $0.10 during trading hours on Wednesday, hitting $13.29. The company’s stock had a trading volume of 25,916 shares, compared to its average volume of 239,945. Eaton Vance Tax-Managed Diversified Equity Income Fund has a 52-week low of $10.59 and a 52-week high of $13.47. The business has a 50 day simple moving average of $12.97 and a two-hundred day simple moving average of $12.14.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Cerity Partners LLC lifted its position in Eaton Vance Tax-Managed Diversified Equity Income Fund by 6.2% during the second quarter. Cerity Partners LLC now owns 19,834 shares of the investment management company’s stock valued at $248,000 after purchasing an additional 1,150 shares during the last quarter. Kestra Advisory Services LLC lifted its position in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund by 5.2% in the 4th quarter. Kestra Advisory Services LLC now owns 26,958 shares of the investment management company’s stock worth $329,000 after purchasing an additional 1,325 shares during the period. MML Investors Services LLC increased its position in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund by 6.6% during the second quarter. MML Investors Services LLC now owns 22,676 shares of the investment management company’s stock valued at $283,000 after buying an additional 1,412 shares during the period. Lido Advisors LLC raised its stake in Eaton Vance Tax-Managed Diversified Equity Income Fund by 2.1% in the first quarter. Lido Advisors LLC now owns 71,897 shares of the investment management company’s stock worth $839,000 after buying an additional 1,499 shares in the last quarter. Finally, Moors & Cabot Inc. boosted its position in Eaton Vance Tax-Managed Diversified Equity Income Fund by 5.7% during the 1st quarter. Moors & Cabot Inc. now owns 28,750 shares of the investment management company’s stock valued at $402,000 after acquiring an additional 1,543 shares in the last quarter.

Eaton Vance Tax-Managed Diversified Equity Income Fund Company Profile

(Get Free Report)

Eaton Vance Tax-Managed Diversified Equity Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in dividend paying stocks of companies.

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Dividend History for Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY)

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