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

Eaton Vance Municipal Income Trust (NYSE:EVN) declared a monthly dividend on Friday, November 1st, Wall Street Journal reports. Shareholders of record on Monday, November 11th will be given a dividend of 0.0513 per share by the investment management company on Monday, November 18th. This represents a $0.62 annualized dividend and a yield of 5.95%. The ex-dividend date is Friday, November 8th.

Eaton Vance Municipal Income Trust Trading Down 1.3 %

NYSE EVN opened at $10.35 on Thursday. Eaton Vance Municipal Income Trust has a twelve month low of $9.22 and a twelve month high of $11.31. The firm’s 50 day moving average price is $10.86 and its two-hundred day moving average price is $10.50.

About Eaton Vance Municipal Income Trust

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.