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

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) announced a monthly dividend on Thursday, May 2nd, Wall Street Journal reports. Shareholders of record on Friday, May 24th will be given a dividend of 0.1058 per share by the financial services provider on Friday, May 31st. This represents a $1.27 dividend on an annualized basis and a yield of 9.55%. The ex-dividend date of this dividend is Thursday, May 23rd.

Eaton Vance Tax-Managed Buy-Write Income Fund has decreased its dividend payment by an average of 4.8% per year over the last three years and has increased its dividend annually for the last 1 consecutive years.

Eaton Vance Tax-Managed Buy-Write Income Fund Stock Up 0.6 %

Shares of Eaton Vance Tax-Managed Buy-Write Income Fund stock traded up $0.08 on Thursday, reaching $13.29. The company’s stock had a trading volume of 19,737 shares, compared to its average volume of 65,306. Eaton Vance Tax-Managed Buy-Write Income Fund has a 52-week low of $11.59 and a 52-week high of $14.08. The stock has a 50-day moving average price of $13.46 and a 200-day moving average price of $13.08.

About Eaton Vance Tax-Managed Buy-Write Income Fund

Eaton Vance Tax-Managed Buy-Write Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. It is co-managed by Parametric Portfolio Associates LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.