Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) to Issue Monthly Dividend of $0.16

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Investors of record on Wednesday, January 15th will be paid a dividend of 0.1646 per share by the closed-end fund on Friday, January 31st. This represents a $1.98 annualized dividend and a yield of 8.24%. The ex-dividend date is Wednesday, January 15th.

Eaton Vance Tax-Advantaged Dividend Income Fund has decreased its dividend payment by an average of 1.8% annually over the last three years.

Eaton Vance Tax-Advantaged Dividend Income Fund Stock Performance

Shares of NYSE EVT traded up $0.06 during midday trading on Friday, hitting $23.98. 112,621 shares of the company’s stock were exchanged, compared to its average volume of 106,311. The company’s 50 day moving average price is $24.74 and its 200 day moving average price is $24.23. Eaton Vance Tax-Advantaged Dividend Income Fund has a 12 month low of $21.82 and a 12 month high of $25.83.

Eaton Vance Tax-Advantaged Dividend Income Fund Company Profile

Eaton Vance Tax-Advantaged Dividend 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 the diversified sectors. The fund primarily invests in dividend paying value stocks of companies that qualify for favorable federal income tax treatment.