Eaton Vance Pennsylvania Municipal (NYSEAMERICAN:EVP) declared a monthly dividend on Thursday, January 3rd, Wall Street Journal reports. Investors of record on Monday, January 14th will be paid a dividend of 0.0682 per share by the financial services provider on Tuesday, January 22nd. This represents a $0.82 annualized dividend and a yield of 7.11%. The ex-dividend date of this dividend is Friday, January 11th. This is a boost from Eaton Vance Pennsylvania Municipal’s previous monthly dividend of $0.04.
Eaton Vance Pennsylvania Municipal has decreased its dividend payment by an average of 8.8% per year over the last three years.
Shares of EVP stock opened at $11.51 on Thursday. Eaton Vance Pennsylvania Municipal has a one year low of $10.72 and a one year high of $12.35.
Eaton Vance Pennsylvania Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income markets. It primarily invests in the investment grade municipal obligations issued by its specified state including the securities of education, general obligations, hospital, electric utilities, transportation, water and sewer, and electric utilities sectors.
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