Eaton Vance Municipal Income Trust (NYSE:EVN) to Issue Monthly Dividend of $0.05

Eaton Vance Municipal Income Trust (NYSE:EVN) declared a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Stockholders of record on Thursday, March 13th will be paid a dividend of 0.0513 per share by the investment management company on Friday, March 21st. This represents a $0.62 dividend on an annualized basis and a dividend yield of 5.77%. The ex-dividend date is Thursday, March 13th.

Eaton Vance Municipal Income Trust Price Performance

Shares of Eaton Vance Municipal Income Trust stock traded down $0.05 during trading hours on Tuesday, hitting $10.67. The company’s stock had a trading volume of 35,917 shares, compared to its average volume of 100,754. Eaton Vance Municipal Income Trust has a 1-year low of $9.79 and a 1-year high of $11.31. The business has a fifty day moving average of $10.35 and a 200 day moving average of $10.58.

About Eaton Vance Municipal Income Trust

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.