Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY) to Issue Monthly Dividend of $0.10

Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY) announced a monthly dividend on Friday, May 1st. Investors of record on Friday, May 15th will be paid a dividend of 0.0992 per share by the investment management company on Friday, May 29th. This represents a c) annualized dividend and a yield of 7.9%. The ex-dividend date is Friday, May 15th.

Eaton Vance Tax-Managed Diversified Equity Income Fund Stock Performance

ETY traded up $0.12 during midday trading on Wednesday, hitting $15.00. 65,282 shares of the company traded hands, compared to its average volume of 266,470. The business has a 50 day simple moving average of $14.34 and a two-hundred day simple moving average of $14.97. Eaton Vance Tax-Managed Diversified Equity Income Fund has a 52-week low of $13.12 and a 52-week high of $16.03.

Eaton Vance Tax-Managed Diversified Equity Income Fund Company Profile

The Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE: ETY) is a closed-end management investment company that seeks to provide a high level of after-tax total return. Launched in December 2004, ETY is managed by investment professionals at Eaton Vance—now part of Morgan Stanley Investment Management—and employs a tax-sensitive strategy designed to minimize the distribution of capital gains to shareholders.

ETY invests primarily in a diversified portfolio of dividend-paying equity securities across a broad range of industries.