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

Eaton Vance Municipal Income Trust (NYSE:EVN) declared a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Investors of record on Friday, April 11th will be paid a dividend of 0.0513 per share by the investment management company on Tuesday, April 22nd. This represents a $0.62 dividend on an annualized basis and a yield of 5.94%. The ex-dividend date is Friday, April 11th.

Eaton Vance Municipal Income Trust Stock Performance

Shares of EVN traded up $0.01 during midday trading on Wednesday, hitting $10.37. The stock had a trading volume of 70,295 shares, compared to its average volume of 100,626. The company has a 50 day simple moving average of $10.50 and a two-hundred day simple moving average of $10.53. Eaton Vance Municipal Income Trust has a twelve month low of $9.79 and a twelve month high of $11.31.

Insider Transactions at Eaton Vance Municipal Income Trust

In other Eaton Vance Municipal Income Trust news, insider Cynthia Frost sold 15,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $10.65, for a total value of $159,750.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.00% of the stock is currently owned by insiders.

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.