Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) to Issue Monthly Dividend of $0.07

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) declared a monthly dividend on Wednesday, July 1st. Investors of record on Wednesday, July 15th will be paid a dividend of 0.0651 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 9.3%. The ex-dividend date is Wednesday, July 15th.

Eaton Vance Risk-Managed Diversified Equity Income Fund Stock Performance

ETJ stock traded up $0.01 on Thursday, reaching $8.39. The company’s stock had a trading volume of 6,405 shares, compared to its average volume of 155,453. The business has a fifty day simple moving average of $8.37 and a two-hundred day simple moving average of $8.53. Eaton Vance Risk-Managed Diversified Equity Income Fund has a 12-month low of $7.88 and a 12-month high of $9.11.

Eaton Vance Risk-Managed Diversified Equity Income Fund Company Profile

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE: ETJ) is a closed-end management investment company launched in November 2008 and managed by Eaton Vance Advisors, a subsidiary of Morgan Stanley. The fund’s primary objective is to provide a high level of monthly distributable income with an element of capital preservation. It seeks to achieve this through a diversified portfolio of equity securities combined with a systematic option overlay strategy.

The core equity allocation is invested primarily in dividend-paying common stocks of large- and mid-cap companies across a range of sectors, including financials, technology, industrials and consumer staples.