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

Eaton Vance Municipal Income Trust (NYSE:EVNGet Free Report) announced a monthly dividend on Friday, March 1st, Wall Street Journal reports. Shareholders of record on Monday, March 11th will be paid a dividend of 0.0461 per share by the investment management company on Monday, March 18th. This represents a $0.55 annualized dividend and a dividend yield of 5.38%. The ex-dividend date of this dividend is Friday, March 8th.

Eaton Vance Municipal Income Trust Trading Up 0.7 %

Shares of EVN stock opened at $10.28 on Wednesday. Eaton Vance Municipal Income Trust has a twelve month low of $8.64 and a twelve month high of $10.32. The stock has a fifty day simple moving average of $10.07 and a two-hundred day simple moving average of $9.58.

Institutional Investors Weigh In On Eaton Vance Municipal Income Trust

A number of hedge funds have recently made changes to their positions in EVN. Raymond James & Associates lifted its stake in shares of Eaton Vance Municipal Income Trust by 12.9% during the 1st quarter. Raymond James & Associates now owns 247,960 shares of the investment management company’s stock worth $2,936,000 after purchasing an additional 28,415 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in Eaton Vance Municipal Income Trust by 3.3% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 111,996 shares of the investment management company’s stock valued at $1,326,000 after buying an additional 3,554 shares during the last quarter. Bank of New York Mellon Corp purchased a new stake in Eaton Vance Municipal Income Trust in the first quarter valued at about $136,000. HighTower Advisors LLC purchased a new stake in Eaton Vance Municipal Income Trust in the first quarter valued at about $135,000. Finally, UBS Group AG raised its stake in Eaton Vance Municipal Income Trust by 5.1% in the first quarter. UBS Group AG now owns 407,405 shares of the investment management company’s stock valued at $4,824,000 after buying an additional 19,805 shares during the last quarter.

Eaton Vance Municipal Income Trust Company Profile

(Get Free Report)

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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