Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) Declares $0.07 Monthly Dividend

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) announced a monthly dividend on Friday, May 2nd, Wall Street Journal reports. Shareholders of record on Thursday, May 15th will be paid a dividend of 0.0657 per share by the financial services provider on Friday, May 30th. This represents a $0.79 dividend on an annualized basis and a yield of 9.31%. The ex-dividend date of this dividend is Thursday, May 15th.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund has decreased its dividend by an average of 0.7% per year over the last three years.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Stock Up 1.6%

NYSE EXG opened at $8.47 on Tuesday. The company has a 50 day moving average of $8.01 and a 200-day moving average of $8.27. Eaton Vance Tax-Managed Global Diversified Equity Income Fund has a 1-year low of $6.74 and a 1-year high of $8.80.

Insiders Place Their Bets

In other news, insider Keith Quinton bought 10,000 shares of the company’s stock in a transaction dated Thursday, February 20th. The stock was bought at an average price of $8.48 per share, for a total transaction of $84,800.00. Following the completion of the transaction, the insider now directly owns 10,000 shares in the company, valued at $84,800. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Company Profile

Eaton Vance Tax-Managed Global Diversified Equity Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies.