Eaton Vance Risk-Managed Diversified Equity Income Fund to Issue Monthly Dividend of $0.08 (NYSE:ETJ)

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJGet Rating) declared a monthly dividend on Monday, May 2nd, Zacks reports. Investors of record on Tuesday, May 24th will be paid a dividend of 0.076 per share on Tuesday, May 31st. This represents a $0.91 dividend on an annualized basis and a yield of 10.38%. The ex-dividend date of this dividend is Monday, May 23rd.

Shares of ETJ opened at $8.79 on Friday. Eaton Vance Risk-Managed Diversified Equity Income Fund has a 52 week low of $8.51 and a 52 week high of $11.74. The firm’s 50-day simple moving average is $9.47 and its 200 day simple moving average is $10.14.

Several large investors have recently made changes to their positions in ETJ. Royal Bank of Canada grew its position in shares of Eaton Vance Risk-Managed Diversified Equity Income Fund by 10.0% during the 3rd quarter. Royal Bank of Canada now owns 57,000 shares of the company’s stock worth $609,000 after purchasing an additional 5,173 shares in the last quarter. Flagship Harbor Advisors LLC grew its position in shares of Eaton Vance Risk-Managed Diversified Equity Income Fund by 24.6% during the 4th quarter. Flagship Harbor Advisors LLC now owns 25,642 shares of the company’s stock worth $274,000 after purchasing an additional 5,056 shares in the last quarter. Stifel Financial Corp grew its position in shares of Eaton Vance Risk-Managed Diversified Equity Income Fund by 7.4% during the 4th quarter. Stifel Financial Corp now owns 49,870 shares of the company’s stock worth $533,000 after purchasing an additional 3,427 shares in the last quarter. Wells Fargo & Company MN grew its position in shares of Eaton Vance Risk-Managed Diversified Equity Income Fund by 12.7% during the 4th quarter. Wells Fargo & Company MN now owns 174,984 shares of the company’s stock worth $1,871,000 after purchasing an additional 19,718 shares in the last quarter. Finally, Raymond James & Associates grew its position in shares of Eaton Vance Risk-Managed Diversified Equity Income Fund by 57.4% during the 1st quarter. Raymond James & Associates now owns 112,963 shares of the company’s stock worth $1,116,000 after purchasing an additional 41,207 shares in the last quarter.

Eaton Vance Risk-Managed Diversified Equity Income Fund Company Profile (Get Rating)

Eaton Vance Risk-Managed Diversified Equity Income Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in the public equity markets of the United States. It primarily invests in common stocks and purchases out-of-the-money, short-dated S&P 500 index put options and sells out-of-the-money S&P 500 Index call options of the same term as the put options with roll dates that are staggered across the options portfolio.

See Also

Dividend History for Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ)

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