Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) Declares Dividend Increase – $0.07 Per Share

Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) announced a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Shareholders of record on Thursday, March 13th will be given a dividend of 0.0739 per share on Friday, March 21st. This represents a $0.89 annualized dividend and a yield of 8.71%. The ex-dividend date of this dividend is Thursday, March 13th. This is a boost from Eaton Vance Limited Duration Income Fund’s previous monthly dividend of $0.07.

Eaton Vance Limited Duration Income Fund Stock Down 0.9 %

Shares of EVV traded down $0.09 during mid-day trading on Tuesday, hitting $10.18. The company’s stock had a trading volume of 323,676 shares, compared to its average volume of 273,131. Eaton Vance Limited Duration Income Fund has a 52-week low of $9.22 and a 52-week high of $10.55.

About Eaton Vance Limited Duration Income Fund

Eaton Vance Limited Duration Income Fund is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income markets of the United States. It primarily invests in senior, secured floating-rate loans, government agency mortgage-backed securities, and corporate bonds that are rated below investment grade.