Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) Plans Monthly Dividend of $0.16

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) announced a monthly dividend on Thursday, October 1st. Investors of record on Thursday, October 15th will be paid a dividend of $0.1646 per share by the closed-end fund on Friday, October 30th. This represents a $1.98 dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date is Thursday, October 15th.

Eaton Vance Tax-Advantaged Dividend Income Fund Trading Down 0.1%

NYSE:EVT opened at $27.87 on Friday. Eaton Vance Tax-Advantaged Dividend Income Fund has a 52-week low of $23.00 and a 52-week high of $29.65. The business’s fifty day moving average is $28.61 and its 200 day moving average is $27.06.

Hedge Funds Weigh In On Eaton Vance Tax-Advantaged Dividend Income Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Sequoia Financial Advisors LLC bought a new position in shares of Eaton Vance Tax-Advantaged Dividend Income Fund during the 2nd quarter valued at about $715,000. Integrated Wealth Concepts LLC purchased a new position in shares of Eaton Vance Tax-Advantaged Dividend Income Fund during the second quarter worth approximately $74,000. NewEdge Advisors LLC lifted its holdings in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 428.5% in the 2nd quarter. NewEdge Advisors LLC now owns 120,137 shares of the closed-end fund’s stock worth $3,325,000 after acquiring an additional 97,405 shares during the last quarter. Baird Financial Group Inc. boosted its stake in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 3.9% in the 2nd quarter. Baird Financial Group Inc. now owns 26,790 shares of the closed-end fund’s stock valued at $742,000 after purchasing an additional 1,004 shares in the last quarter. Finally, Allworth Financial LP grew its holdings in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 67.4% during the 2nd quarter. Allworth Financial LP now owns 13,832 shares of the closed-end fund’s stock valued at $383,000 after purchasing an additional 5,569 shares during the last quarter.

Eaton Vance Tax-Advantaged Dividend Income Fund Company Profile

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) is a closed-end investment fund managed by Eaton Vance Management, a subsidiary of Morgan Stanley Investment Management. The fund seeks to provide current income and long-term total return by investing primarily in dividend-paying common stocks.

EVT emphasizes tax-advantaged income and generally focuses on companies with established dividend policies and the potential for capital appreciation. Its portfolio may include investments across a range of industries and can have exposure to both U.S.