Eaton Vance Tax Managed Buy Write Opport (ETV) to Issue Monthly Dividend of $0.11 on November 29th

Eaton Vance Tax Managed Buy Write Opport (NYSE:ETV) announced a monthly dividend on Friday, November 1st, Zacks reports. Shareholders of record on Friday, November 22nd will be given a dividend of 0.111 per share by the financial services provider on Friday, November 29th. This represents a $1.33 dividend on an annualized basis and a yield of 8.92%. The ex-dividend date of this dividend is Thursday, November 21st.

Shares of ETV traded up $0.08 during mid-day trading on Tuesday, reaching $14.94. 6,200 shares of the company’s stock were exchanged, compared to its average volume of 226,768. The business’s fifty day simple moving average is $14.93 and its 200-day simple moving average is $14.85. Eaton Vance Tax Managed Buy Write Opport has a 52-week low of $12.38 and a 52-week high of $15.67.

In other news, CEO Thomas E. Faust, Jr. sold 54,994 shares of the firm’s stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of $45.04, for a total transaction of $2,476,929.76. Following the transaction, the chief executive officer now directly owns 3,019,838 shares in the company, valued at $136,013,503.52. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Thomas E. Faust, Jr. sold 51,110 shares of the firm’s stock in a transaction that occurred on Tuesday, October 22nd. The stock was sold at an average price of $44.78, for a total transaction of $2,288,705.80. Following the transaction, the chief executive officer now owns 2,930,674 shares in the company, valued at $131,235,581.72. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 168,197 shares of company stock worth $7,612,967.

Eaton Vance Tax Managed Buy Write Opport Company Profile

Eaton Vance Tax-Managed Buy-Write Opportunities 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.

Recommended Story: What is meant by a buy rating?

Dividend History for Eaton Vance Tax Managed Buy Write Opport (NYSE:ETV)

Receive News & Ratings for Eaton Vance Tax Managed Buy Write Opport Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eaton Vance Tax Managed Buy Write Opport and related companies with MarketBeat.com's FREE daily email newsletter.