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

Eaton Vance Municipal Income Trust (NYSE:EVN) declared a monthly dividend on Monday, February 2nd. Investors of record on Friday, February 13th will be paid a dividend of 0.0513 per share by the investment management company on Tuesday, February 24th. This represents a c) dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date of this dividend is Friday, February 13th.

Eaton Vance Municipal Income Trust Price Performance

EVN stock traded down $0.02 during mid-day trading on Tuesday, reaching $10.80. 1,105 shares of the company traded hands, compared to its average volume of 77,567. The firm’s 50 day moving average price is $10.85 and its 200 day moving average price is $10.82. Eaton Vance Municipal Income Trust has a fifty-two week low of $9.59 and a fifty-two week high of $11.23.

Eaton Vance Municipal Income Trust Company Profile

Eaton Vance Municipal Income Trust (NYSE: EVN) is a closed-end management investment company that seeks to provide shareholders with current income exempt from federal income taxes. The trust primarily invests in investment-grade municipal securities issued by U.S. state and local governments, authorities and agencies. By focusing on tax-exempt income, EVN aims to deliver attractive after-tax yields to individual and institutional investors.

The fund’s portfolio is diversified across sectors such as general obligation bonds, revenue bonds, essential service issuers and housing finance agencies.