Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) to Issue Monthly Dividend of $0.11 on August 31st

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) declared a monthly dividend on Monday, August 3rd. Shareholders of record on Friday, August 14th will be given a dividend of 0.1058 per share by the financial services provider on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 8.1%. The ex-dividend date of this dividend is Friday, August 14th.

Eaton Vance Tax-Managed Buy-Write Income Fund Trading Up 0.3%

Shares of Eaton Vance Tax-Managed Buy-Write Income Fund stock opened at $15.68 on Wednesday. The firm has a 50-day simple moving average of $15.40 and a two-hundred day simple moving average of $15.25. Eaton Vance Tax-Managed Buy-Write Income Fund has a fifty-two week low of $13.86 and a fifty-two week high of $15.73.

Eaton Vance Tax-Managed Buy-Write Income Fund Company Profile

The Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE: ETB) is a closed-end management investment company that seeks to provide a high level of after-tax total return. The fund primarily invests in a portfolio of U.S. common stocks, focusing on large-capitalization companies with established dividend records. To enhance income and manage risk, ETB employs a covered call, or “buy-write,” strategy, writing call options on selected equity holdings to generate premium income.

Under its tax-managed approach, the fund aims to reduce the tax impact of distributions by employing option overlay techniques alongside traditional equity selection.