Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) Announces $0.07 Monthly Dividend

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Investors of record on Wednesday, January 15th will be given a dividend of 0.0651 per share on Friday, January 31st. This represents a $0.78 dividend on an annualized basis and a yield of 8.43%. The ex-dividend date is Wednesday, January 15th.

Eaton Vance Risk-Managed Diversified Equity Income Fund has decreased its dividend payment by an average of 8.7% annually over the last three years.

Eaton Vance Risk-Managed Diversified Equity Income Fund Trading Up 0.4 %

ETJ stock traded up $0.04 during trading on Friday, hitting $9.27. 96,486 shares of the stock traded hands, compared to its average volume of 92,643. Eaton Vance Risk-Managed Diversified Equity Income Fund has a one year low of $7.56 and a one year high of $9.60. The company has a 50 day simple moving average of $9.29 and a 200 day simple moving average of $9.09.

About Eaton Vance Risk-Managed Diversified Equity Income Fund

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.