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

Eaton Vance Municipal Income Trust (NYSE:EVN) declared a monthly dividend on Tuesday, September 1st. Stockholders of record on Monday, September 14th will be paid a dividend of 0.0513 per share by the investment management company on Thursday, September 24th. This represents a c) annualized dividend and a dividend yield of 5.8%. The ex-dividend date of this dividend is Monday, September 14th.

Eaton Vance Municipal Income Trust Stock Performance

Shares of NYSE EVN opened at $10.58 on Wednesday. Eaton Vance Municipal Income Trust has a twelve month low of $10.09 and a twelve month high of $11.26. The company has a 50 day moving average of $10.84 and a 200 day moving average of $10.76.

About Eaton Vance Municipal Income Trust

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.