Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) Declares Monthly Dividend of $0.11

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) declared a monthly dividend on Thursday, October 1st. Stockholders of record on Thursday, October 15th will be given a dividend of $0.1058 per share by the financial services provider on Friday, October 30th. This represents a $1.27 dividend on an annualized basis and a dividend yield of 8.3%. The ex-dividend date of this dividend is Thursday, October 15th.

Eaton Vance Tax-Managed Buy-Write Income Fund Stock Up 0.1%

Shares of NYSE:ETB opened at $15.34 on Friday. The company has a 50 day moving average of $15.52 and a 200 day moving average of $15.31. Eaton Vance Tax-Managed Buy-Write Income Fund has a 12 month low of $13.86 and a 12 month high of $15.82.

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

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE: ETB) is a closed-end investment fund managed by Eaton Vance Management, an indirect subsidiary of Morgan Stanley. The fund is designed to provide current income and gains while also seeking capital appreciation through an actively managed investment strategy.

The fund invests primarily in a diversified portfolio of common stocks, generally emphasizing established U.S. companies. To generate additional income, it employs a buy-write strategy by selling—or “writing”—call options on some of the securities held in its portfolio.