Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) Announces Monthly Dividend of $0.11

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) declared a monthly dividend on Friday, May 1st. Investors of record on Friday, May 15th will be given a dividend of 0.1058 per share by the financial services provider on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 8.3%. The ex-dividend date of this dividend is Friday, May 15th.

Eaton Vance Tax-Managed Buy-Write Income Fund Trading Up 0.1%

NYSE:ETB traded up $0.02 during midday trading on Wednesday, reaching $15.38. The company had a trading volume of 6,926 shares, compared to its average volume of 54,997. Eaton Vance Tax-Managed Buy-Write Income Fund has a 12-month low of $13.58 and a 12-month high of $15.60. The stock’s fifty day simple moving average is $14.99 and its 200-day simple moving average is $15.16.

About Eaton Vance Tax-Managed Buy-Write Income Fund

The Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE: ETB) is a closed-end management investment company that seeks to provide a high level of after-tax total return. The fund primarily invests in a portfolio of U.S. common stocks, focusing on large-capitalization companies with established dividend records. To enhance income and manage risk, ETB employs a covered call, or “buy-write,” strategy, writing call options on selected equity holdings to generate premium income.

Under its tax-managed approach, the fund aims to reduce the tax impact of distributions by employing option overlay techniques alongside traditional equity selection.