Eaton Vance Municipal Income 2028 Term Trust (ETX) to Issue Monthly Dividend of $0.08 on June 28th

Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX) announced a monthly dividend on Monday, June 3rd, Zacks reports. Stockholders of record on Friday, June 21st will be given a dividend of 0.078 per share by the investment management company on Friday, June 28th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 5.06%. The ex-dividend date of this dividend is Friday, June 21st.

Eaton Vance Municipal Income 2028 Term Trust has decreased its dividend by an average of 5.2% per year over the last three years and has increased its dividend every year for the last 1 years.

Eaton Vance Municipal Income 2028 Term Trust Stock Performance

Shares of NYSE:ETX traded up $0.07 during trading on Wednesday, reaching $18.49. 12,970 shares of the company traded hands, compared to its average volume of 29,950. Eaton Vance Municipal Income 2028 Term Trust has a 52-week low of $16.36 and a 52-week high of $18.90. The business’s fifty day moving average is $18.17 and its 200-day moving average is $17.92.

Eaton Vance Municipal Income 2028 Term Trust Company Profile

Eaton Vance Municipal Income 2028 Term Trust is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets. The fund invest in stocks of companies operating across the diversified sectors. It was previously known as Eaton Vance Municipal Income Term Trust.