Eaton Vance Tax-Managed Buy-Write Income Fund Announces Monthly Dividend of $0.11 (NYSE:ETB)

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) declared a monthly dividend on Wednesday, July 1st. Investors of record on Wednesday, July 15th will be paid a dividend of 0.1058 per share by the financial services provider on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 8.2%. The ex-dividend date is Wednesday, July 15th.

Eaton Vance Tax-Managed Buy-Write Income Fund Price Performance

Shares of ETB traded up $0.03 during trading hours on Thursday, reaching $15.56. The stock had a trading volume of 5,870 shares, compared to its average volume of 53,523. The firm has a 50-day moving average of $15.32 and a 200 day moving average of $15.21. Eaton Vance Tax-Managed Buy-Write Income Fund has a 52 week low of $13.86 and a 52 week high of $15.67.

Eaton Vance Tax-Managed Buy-Write Income Fund Company Profile

The Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE: ETB) is a closed-end management investment company that seeks to provide a high level of after-tax total return. The fund primarily invests in a portfolio of U.S. common stocks, focusing on large-capitalization companies with established dividend records. To enhance income and manage risk, ETB employs a covered call, or “buy-write,” strategy, writing call options on selected equity holdings to generate premium income.

Under its tax-managed approach, the fund aims to reduce the tax impact of distributions by employing option overlay techniques alongside traditional equity selection.