Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) Plans $0.07 Monthly Dividend

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) announced a monthly dividend on Monday, February 2nd. Stockholders of record on Tuesday, February 17th will be paid a dividend of 0.0651 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 8.8%. The ex-dividend date of this dividend is Tuesday, February 17th.

Eaton Vance Risk-Managed Diversified Equity Income Fund Trading Down 0.5%

NYSE ETJ traded down $0.05 during mid-day trading on Tuesday, hitting $8.89. The company’s stock had a trading volume of 55,654 shares, compared to its average volume of 158,198. Eaton Vance Risk-Managed Diversified Equity Income Fund has a 52-week low of $7.40 and a 52-week high of $9.35. The stock’s fifty day simple moving average is $8.81 and its two-hundred day simple moving average is $8.88.

Eaton Vance Risk-Managed Diversified Equity Income Fund Company Profile

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE: ETJ) is a closed-end management investment company launched in November 2008 and managed by Eaton Vance Advisors, a subsidiary of Morgan Stanley. The fund’s primary objective is to provide a high level of monthly distributable income with an element of capital preservation. It seeks to achieve this through a diversified portfolio of equity securities combined with a systematic option overlay strategy.

The core equity allocation is invested primarily in dividend-paying common stocks of large- and mid-cap companies across a range of sectors, including financials, technology, industrials and consumer staples.