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

Eaton Vance Municipal Income Trust (NYSE:EVN) announced a monthly dividend on Monday, February 2nd. Shareholders of record on Friday, February 13th will be given a dividend of 0.0513 per share by the investment management company on Tuesday, February 24th. This represents a c) dividend on an annualized basis and a yield of 5.7%. The ex-dividend date of this dividend is Friday, February 13th.

Eaton Vance Municipal Income Trust Trading Down 0.1%

Shares of Eaton Vance Municipal Income Trust stock traded down $0.02 on Tuesday, hitting $10.80. 1,105 shares of the company’s stock were exchanged, compared to its average volume of 77,567. The company has a 50-day simple moving average of $10.85 and a 200-day simple moving average of $10.82. Eaton Vance Municipal Income Trust has a 1 year low of $9.59 and a 1 year high of $11.23.

About Eaton Vance Municipal Income Trust

Eaton Vance Municipal Income Trust (NYSE: EVN) is a closed-end management investment company that seeks to provide shareholders with current income exempt from federal income taxes. The trust primarily invests in investment-grade municipal securities issued by U.S. state and local governments, authorities and agencies. By focusing on tax-exempt income, EVN aims to deliver attractive after-tax yields to individual and institutional investors.

The fund’s portfolio is diversified across sectors such as general obligation bonds, revenue bonds, essential service issuers and housing finance agencies.