Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) Announces Monthly Dividend of $0.07

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) declared a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Stockholders of record on Friday, February 14th will be paid a dividend of 0.0651 per share on Friday, February 28th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 8.51%. The ex-dividend date of this dividend is Friday, February 14th.

Eaton Vance Risk-Managed Diversified Equity Income Fund has decreased its dividend payment by an average of 5.6% per year over the last three years.

Eaton Vance Risk-Managed Diversified Equity Income Fund Trading Up 0.2 %

NYSE:ETJ traded up $0.02 during midday trading on Tuesday, reaching $9.18. 175,357 shares of the stock traded hands, compared to its average volume of 143,853. The business has a 50-day moving average of $9.28 and a two-hundred day moving average of $9.15. Eaton Vance Risk-Managed Diversified Equity Income Fund has a 12-month low of $8.01 and a 12-month high of $9.60.

About Eaton Vance Risk-Managed Diversified Equity Income Fund

Eaton Vance Risk-Managed Diversified Equity Income Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in the public equity markets of the United States. It primarily invests in common stocks and purchases out-of-the-money, short-dated S&P 500 index put options and sells out-of-the-money S&P 500 Index call options of the same term as the put options with roll dates that are staggered across the options portfolio.