Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY) Plans Monthly Dividend of $0.10

Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY) announced a monthly dividend on Wednesday, July 1st. Shareholders of record on Wednesday, July 15th will be paid a dividend of 0.0992 per share by the investment management company on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 8.1%. The ex-dividend date is Wednesday, July 15th.

Eaton Vance Tax-Managed Diversified Equity Income Fund Stock Up 0.6%

ETY traded up $0.09 during midday trading on Thursday, hitting $14.62. The company’s stock had a trading volume of 18,114 shares, compared to its average volume of 261,118. The firm has a 50-day moving average price of $14.66 and a two-hundred day moving average price of $14.73. Eaton Vance Tax-Managed Diversified Equity Income Fund has a 52-week low of $13.12 and a 52-week high of $16.03.

Institutional Investors Weigh In On Eaton Vance Tax-Managed Diversified Equity Income Fund

A number of institutional investors have recently bought and sold shares of ETY. Readystate Asset Management LP increased its position in Eaton Vance Tax-Managed Diversified Equity Income Fund by 174.6% during the first quarter. Readystate Asset Management LP now owns 137,917 shares of the investment management company’s stock worth $1,902,000 after purchasing an additional 87,701 shares during the last quarter. Cypress Capital Group acquired a new position in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund in the 1st quarter valued at $419,000. Matrix Private Capital Group LLC acquired a new position in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund in the 1st quarter valued at $11,111,000. Waverly Advisors LLC purchased a new stake in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund during the 1st quarter valued at $289,000. Finally, Cetera Investment Advisers increased its holdings in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund by 18.6% during the 1st quarter. Cetera Investment Advisers now owns 306,604 shares of the investment management company’s stock worth $4,228,000 after buying an additional 48,075 shares during the last quarter.

About Eaton Vance Tax-Managed Diversified Equity Income Fund

The Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE: ETY) is a closed-end management investment company that seeks to provide a high level of after-tax total return. Launched in December 2004, ETY is managed by investment professionals at Eaton Vance—now part of Morgan Stanley Investment Management—and employs a tax-sensitive strategy designed to minimize the distribution of capital gains to shareholders.

ETY invests primarily in a diversified portfolio of dividend-paying equity securities across a broad range of industries.