Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) Plans Dividend Increase – $0.07 Per Share

Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) declared a monthly dividend on Tuesday, February 4th,Wall Street Journal reports. Shareholders of record on Friday, February 14th will be paid a dividend of 0.074 per share on Friday, February 28th. This represents a $0.89 annualized dividend and a yield of 7.89%. The ex-dividend date is Friday, February 14th. This is a positive change from Eaton Vance Short Duration Diversified Income Fund’s previous monthly dividend of $0.07.

Eaton Vance Short Duration Diversified Income Fund Trading Up 0.9 %

EVG traded up $0.10 during trading on Tuesday, hitting $11.25. The company’s stock had a trading volume of 138,106 shares, compared to its average volume of 43,814. The firm’s 50 day moving average price is $11.05 and its two-hundred day moving average price is $11.10. Eaton Vance Short Duration Diversified Income Fund has a 12 month low of $10.29 and a 12 month high of $11.45.

About Eaton Vance Short Duration Diversified Income Fund

Eaton Vance Short Duration Diversified Income Fund is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in fixed income markets of the United States. It primarily invests in senior, secured floating-rate loans, bank deposits denominated in foreign currencies, debt obligations of foreign governmental and corporate issuers, and mortgage-backed securities.