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

Posted by Hayley Millar on Mar 4th, 2025

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT – Get Free Report) declared a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Shareholders of record on Friday, March 14th will be given a dividend of 0.1646 per share by the closed-end fund on Monday, March 31st. This represents a $1.98 annualized dividend and a yield of 8.44%. The ex-dividend date of this dividend is Friday, March 14th.

Eaton Vance Tax-Advantaged Dividend Income Fund has decreased its dividend by an average of 0.8% annually over the last three years.

Eaton Vance Tax-Advantaged Dividend Income Fund Price Performance

NYSE EVT traded down $0.37 on Tuesday, hitting $23.40. The stock had a trading volume of 305,450 shares, compared to its average volume of 113,566. The business’s fifty day moving average price is $24.23 and its 200 day moving average price is $24.45. Eaton Vance Tax-Advantaged Dividend Income Fund has a 52-week low of $22.29 and a 52-week high of $25.83.

Insiders Place Their Bets

In other news, insider Keith Quinton purchased 8,000 shares of the business’s stock in a transaction on Thursday, February 20th. The shares were acquired at an average cost of $24.24 per share, with a total value of $193,920.00. Following the completion of the acquisition, the insider now owns 8,000 shares of the company’s stock, valued at $193,920. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Eaton Vance Tax-Advantaged Dividend Income Fund Company Profile

(Get Free Report)

Eaton Vance Tax-Advantaged Dividend Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across the diversified sectors. The fund primarily invests in dividend paying value stocks of companies that qualify for favorable federal income tax treatment.