Eaton Vance Municipal Income Trust (NYSE:EVN) announced a monthly dividend on Monday, December 4th, Wall Street Journal reports. Stockholders of record on Monday, December 11th will be paid a dividend of 0.0541 per share by the investment management company on Monday, December 18th. This represents a $0.65 dividend on an annualized basis and a dividend yield of 5.21%. The ex-dividend date of this dividend is Friday, December 8th.
Eaton Vance Municipal Income Trust has decreased its dividend payment by an average of 9.0% annually over the last three years.
Shares of Eaton Vance Municipal Income Trust (EVN) opened at $12.45 on Thursday. Eaton Vance Municipal Income Trust has a 1-year low of $12.22 and a 1-year high of $13.18.
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Eaton Vance Municipal Income Trust (the Trust) is a diversified, closed-end management investment company. The Trust seeks to provide current income exempt from regular federal income tax. The Trust intends to make monthly distributions of net investment income to common shareholders, after payment of any dividends on any outstanding Auction Preferred Shares (APS) and Institutional MuniFund Term Preferred (iMTP) Shares.
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