Eaton Vance Municipal Income Trust (NYSE:EVN) Plans $0.05 Monthly Dividend

Eaton Vance Municipal Income Trust (NYSE:EVN) announced a monthly dividend on Thursday, May 2nd, Wall Street Journal reports. Shareholders of record on Monday, May 13th will be paid a dividend of 0.0461 per share by the investment management company on Monday, May 20th. This represents a $0.55 dividend on an annualized basis and a yield of 5.60%. The ex-dividend date of this dividend is Friday, May 10th.

Eaton Vance Municipal Income Trust has decreased its dividend by an average of 5.7% annually over the last three years.

Eaton Vance Municipal Income Trust Stock Performance

Eaton Vance Municipal Income Trust stock traded up $0.03 during mid-day trading on Thursday, reaching $9.87. The stock had a trading volume of 76,953 shares, compared to its average volume of 94,578. Eaton Vance Municipal Income Trust has a one year low of $8.64 and a one year high of $10.45. The company has a 50-day moving average price of $10.09 and a two-hundred day moving average price of $9.82.

Eaton Vance Municipal Income Trust Company Profile

Eaton Vance Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets. The fund invests primarily in investment grade municipal obligations of various sectors, such as cogeneration, education, electric utilities, general obligations, healthcare, hospital, housing, transportation, and nursing home.