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.
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