Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY) Announces Monthly Dividend of $0.10

Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY) announced 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 dividend on an annualized basis and a yield of 9.25%. The ex-dividend date of this dividend is Monday, April 22nd. This is a boost 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 by an average of 1.5% per year over the last three years.

Eaton Vance Tax-Managed Diversified Equity Income Fund Trading Down 0.2 %

Shares of NYSE:ETY opened at $12.84 on Friday. Eaton Vance Tax-Managed Diversified Equity Income Fund has a 1-year low of $10.59 and a 1-year high of $13.47. The firm has a fifty day moving average price of $13.12 and a 200 day moving average price of $12.27.

Institutional Trading of Eaton Vance Tax-Managed Diversified Equity Income Fund

Several hedge funds have recently made changes to their positions in ETY. Comerica Bank acquired a new stake in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund in the 3rd quarter worth $1,322,000. Royal Bank of Canada lifted its stake in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund by 43.2% in the 1st quarter. Royal Bank of Canada now owns 308,988 shares of the investment management company’s stock worth $4,316,000 after acquiring an additional 93,286 shares during the period. Kingsview Wealth Management LLC acquired a new stake in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund in the 2nd quarter worth $975,000. Wells Fargo & Company MN lifted its stake in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund by 6.6% in the 2nd quarter. Wells Fargo & Company MN now owns 1,280,622 shares of the investment management company’s stock worth $14,510,000 after acquiring an additional 79,145 shares during the period. Finally, Lido Advisors LLC acquired a new stake in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund in the 1st quarter worth $938,000.

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.