Eaton Vance Municipal Income Trust (NYSE:EVN) Plans $0.05 Monthly Dividend

Eaton Vance Municipal Income Trust (NYSE:EVNGet Free Report) declared a monthly dividend on Thursday, May 2nd, Wall Street Journal reports. Shareholders of record on Monday, May 13th will be given a dividend of 0.0461 per share by the investment management company on Monday, May 20th. This represents a $0.55 annualized dividend and a dividend yield of 5.47%. The ex-dividend date is Friday, May 10th.

Eaton Vance Municipal Income Trust has decreased its dividend payment by an average of 5.7% per year over the last three years and has increased its dividend every year for the last 1 years.

Eaton Vance Municipal Income Trust Stock Performance

EVN stock opened at $10.11 on Wednesday. The company’s 50-day simple moving average is $10.08 and its 200 day simple moving average is $9.86. Eaton Vance Municipal Income Trust has a 52 week low of $8.64 and a 52 week high of $10.45.

About Eaton Vance Municipal Income Trust

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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.

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Dividend History for Eaton Vance Municipal Income Trust (NYSE:EVN)

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