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

Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY) announced a monthly dividend on Wednesday, July 2nd, Wall Street Journal reports. Stockholders of record on Tuesday, July 15th will be paid a dividend of 0.0992 per share by the investment management company on Thursday, July 31st. This represents a $1.19 annualized dividend and a dividend yield of 7.63%. The ex-dividend date of this dividend is Tuesday, July 15th.

Eaton Vance Tax-Managed Diversified Equity Income Fund Stock Down 0.7%

Shares of Eaton Vance Tax-Managed Diversified Equity Income Fund stock opened at $15.61 on Friday. The business has a fifty day simple moving average of $15.00 and a 200-day simple moving average of $14.71. Eaton Vance Tax-Managed Diversified Equity Income Fund has a 12 month low of $11.82 and a 12 month high of $15.76.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Eaton Vance Tax-Managed Diversified Equity Income Fund stock. Royal Bank of Canada raised its stake in Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY) by 10.3% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 700,152 shares of the investment management company’s stock after buying an additional 65,135 shares during the quarter. Royal Bank of Canada’s holdings in Eaton Vance Tax-Managed Diversified Equity Income Fund were worth $9,984,000 at the end of the most recent reporting period.

About Eaton Vance Tax-Managed Diversified Equity Income Fund

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.