Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY) to Issue Dividend Increase – $0.10 Per Share

Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY) declared a monthly dividend on Friday, November 1st,Wall Street Journal reports. Investors of record on Thursday, November 21st will be paid a dividend of 0.0992 per share by the investment management company on Friday, November 29th. This represents a $1.19 annualized dividend and a yield of 8.00%. The ex-dividend date of this dividend is Thursday, November 21st. This is a boost from Eaton Vance Tax-Managed Diversified Equity Income Fund’s previous monthly dividend of $0.10.

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 Trading Up 0.4 %

Shares of NYSE ETY opened at $14.88 on Tuesday. The firm’s 50-day simple moving average is $14.59 and its 200 day simple moving average is $14.11. Eaton Vance Tax-Managed Diversified Equity Income Fund has a 12-month low of $11.54 and a 12-month high of $15.29.

About Eaton Vance Tax-Managed Diversified Equity Income Fund

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.