Eaton Vance Municipal Income Trust (NYSE:EVN) Declares Monthly Dividend of $0.05

Eaton Vance Municipal Income Trust (NYSE:EVN) declared a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Investors of record on Thursday, March 13th will be given a dividend of 0.0513 per share by the investment management company on Friday, March 21st. This represents a $0.62 dividend on an annualized basis and a yield of 5.75%. The ex-dividend date is Thursday, March 13th.

Eaton Vance Municipal Income Trust Trading Up 0.3 %

EVN stock opened at $10.71 on Tuesday. The firm has a 50-day moving average of $10.40 and a two-hundred day moving average of $10.58. Eaton Vance Municipal Income Trust has a 12 month low of $9.79 and a 12 month high of $11.31.

Insiders Place Their Bets

In other news, insider Cynthia Frost sold 15,000 shares of Eaton Vance Municipal Income Trust stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $10.65, for a total transaction of $159,750.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. 1.00% of the stock is currently owned by corporate insiders.

Eaton Vance Municipal Income Trust Company Profile

Eaton Vance Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets. The fund invests primarily in investment grade municipal obligations of various sectors, such as cogeneration, education, electric utilities, general obligations, healthcare, hospital, housing, transportation, and nursing home.