Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX) Declares $0.08 Monthly Dividend

Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders of record on Wednesday, January 15th will be given a dividend of 0.0782 per share by the investment management company on Friday, January 31st. This represents a $0.94 dividend on an annualized basis and a dividend yield of 5.28%. The ex-dividend date of this dividend is Wednesday, January 15th.

Eaton Vance Municipal Income 2028 Term Trust has decreased its dividend payment by an average of 5.2% per year over the last three years.

Eaton Vance Municipal Income 2028 Term Trust Stock Performance

Shares of NYSE:ETX traded up $0.13 during mid-day trading on Friday, hitting $17.77. The company had a trading volume of 65,923 shares, compared to its average volume of 52,511. Eaton Vance Municipal Income 2028 Term Trust has a one year low of $17.48 and a one year high of $19.44. The firm has a fifty day moving average price of $18.22 and a 200 day moving average price of $18.56.

About Eaton Vance Municipal Income 2028 Term Trust

Eaton Vance Municipal Income 2028 Term Trust is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets. The fund invest in stocks of companies operating across the diversified sectors. It was previously known as Eaton Vance Municipal Income Term Trust.