Eaton Vance Municipal Income Trust (NYSE:EVN) Announces $0.05 Monthly Dividend

Eaton Vance Municipal Income Trust (NYSE:EVN) announced a monthly dividend on Friday, May 2nd, Wall Street Journal reports. Shareholders of record on Tuesday, May 13th will be paid a dividend of 0.0513 per share by the investment management company on Friday, May 23rd. This represents a $0.62 dividend on an annualized basis and a yield of 5.91%. The ex-dividend date of this dividend is Tuesday, May 13th.

Eaton Vance Municipal Income Trust Stock Up 0.4 %

EVN stock opened at $10.41 on Friday. The business’s 50-day moving average price is $10.23 and its 200-day moving average price is $10.34. Eaton Vance Municipal Income Trust has a twelve month low of $9.59 and a twelve month high of $11.31.

Insider Buying and Selling at Eaton Vance Municipal Income Trust

In other news, insider Cynthia Frost sold 15,000 shares of the firm’s stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $10.65, for a total transaction of $159,750.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 1.00% of the company’s stock.

Eaton Vance Municipal Income Trust Company Profile

Eaton Vance Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets. The fund invests primarily in investment grade municipal obligations of various sectors, such as cogeneration, education, electric utilities, general obligations, healthcare, hospital, housing, transportation, and nursing home.