Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY) Announces Dividend Increase – $0.10 Per Share

Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY) announced a monthly dividend on Thursday, May 2nd, Wall Street Journal reports. Shareholders of record on Friday, May 24th will be paid a dividend of 0.0992 per share by the investment management company on Friday, May 31st. This represents a $1.19 annualized dividend and a yield of 8.93%. The ex-dividend date of this dividend is Thursday, May 23rd. This is a positive change from Eaton Vance Tax-Managed Diversified Equity Income Fund’s previous monthly dividend of $0.10.

Eaton Vance Tax-Managed Diversified Equity Income Fund has decreased its dividend payment by an average of 1.5% per year over the last three years and has raised its dividend every year for the last 1 years.

Eaton Vance Tax-Managed Diversified Equity Income Fund Trading Up 0.8 %

Shares of NYSE ETY traded up $0.11 during mid-day trading on Thursday, reaching $13.33. The company had a trading volume of 314,542 shares, compared to its average volume of 247,616. Eaton Vance Tax-Managed Diversified Equity Income Fund has a twelve month low of $10.59 and a twelve month high of $13.47. The stock’s 50 day moving average is $13.14 and its 200-day moving average is $12.35.

Eaton Vance Tax-Managed Diversified Equity Income Fund Company Profile

Eaton Vance Tax-Managed Diversified Equity Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in dividend paying stocks of companies.