Eaton Vance Municipal Income Trust (EVN) To Go Ex-Dividend on May 13th

Eaton Vance Municipal Income Trust (NYSE:EVN) announced a monthly dividend on Friday, May 2nd, Wall Street Journal reports. Shareholders of record on Tuesday, May 13th will be paid a dividend of 0.0513 per share by the investment management company on Friday, May 23rd. This represents a $0.62 dividend on an annualized basis and a yield of 5.91%. The ex-dividend date is Tuesday, May 13th.

Eaton Vance Municipal Income Trust Stock Performance

EVN stock opened at $10.41 on Friday. Eaton Vance Municipal Income Trust has a 1 year low of $9.59 and a 1 year high of $11.31. The stock’s fifty day moving average price is $10.23 and its 200-day moving average price is $10.34.

Insider Buying and Selling at Eaton Vance Municipal Income Trust

In other news, insider Cynthia Frost sold 15,000 shares of the company’s stock in a transaction dated Wednesday, March 5th. The shares were 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 Securities & Exchange Commission, which is available at this hyperlink. 1.00% of the stock is owned by corporate insiders.

About Eaton Vance Municipal Income Trust

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.