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

Eaton Vance Municipal Income Trust (NYSE:EVN) declared a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Shareholders of record on Thursday, February 13th will be paid a dividend of 0.0513 per share by the investment management company on Monday, February 24th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 5.92%. The ex-dividend date of this dividend is Thursday, February 13th.

Eaton Vance Municipal Income Trust Price Performance

NYSE:EVN traded up $0.06 on Tuesday, reaching $10.41. The stock had a trading volume of 65,730 shares, compared to its average volume of 102,624. The stock has a fifty day moving average price of $10.29 and a 200-day moving average price of $10.58. Eaton Vance Municipal Income Trust has a 1-year low of $9.79 and a 1-year high of $11.31.

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.