Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY) Raises Dividend to $0.10 Per Share

Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETYGet Free Report) declared a monthly dividend on Monday, April 1st, Zacks reports. Investors of record on Tuesday, April 23rd will be paid a dividend of 0.099 per share by the investment management company on Tuesday, April 30th. This represents a $1.19 annualized dividend and a yield of 8.99%. The ex-dividend date of this dividend is Monday, April 22nd. This is a positive change from Eaton Vance Tax-Managed Diversified Equity Income Fund’s previous monthly dividend of $0.08.

Eaton Vance Tax-Managed Diversified Equity Income Fund has decreased its dividend by an average of 1.5% per year over the last three years.

Eaton Vance Tax-Managed Diversified Equity Income Fund Trading Up 0.2 %

Shares of NYSE:ETY opened at $13.22 on Wednesday. Eaton Vance Tax-Managed Diversified Equity Income Fund has a 12 month low of $10.59 and a 12 month high of $13.47. The firm’s 50-day moving average is $12.97 and its 200 day moving average is $12.14.

Institutional Investors Weigh In On Eaton Vance Tax-Managed Diversified Equity Income Fund

Several large investors have recently added to or reduced their stakes in the stock. Morgan Stanley boosted its position in Eaton Vance Tax-Managed Diversified Equity Income Fund by 0.3% in the 3rd quarter. Morgan Stanley now owns 12,278,409 shares of the investment management company’s stock valued at $141,693,000 after buying an additional 40,875 shares during the period. Wells Fargo & Company MN boosted its position in Eaton Vance Tax-Managed Diversified Equity Income Fund by 2.4% in the 2nd quarter. Wells Fargo & Company MN now owns 1,420,062 shares of the investment management company’s stock valued at $17,694,000 after buying an additional 33,218 shares during the period. UBS Group AG boosted its position in Eaton Vance Tax-Managed Diversified Equity Income Fund by 4.6% in the 1st quarter. UBS Group AG now owns 780,967 shares of the investment management company’s stock valued at $10,910,000 after buying an additional 34,173 shares during the period. Bank of America Corp DE boosted its position in Eaton Vance Tax-Managed Diversified Equity Income Fund by 2.9% in the 1st quarter. Bank of America Corp DE now owns 598,505 shares of the investment management company’s stock valued at $6,985,000 after buying an additional 16,781 shares during the period. Finally, Royal Bank of Canada boosted its position in Eaton Vance Tax-Managed Diversified Equity Income Fund by 6.3% in the 3rd quarter. Royal Bank of Canada now owns 549,775 shares of the investment management company’s stock valued at $6,345,000 after buying an additional 32,636 shares during the period.

About Eaton Vance Tax-Managed Diversified Equity Income Fund

(Get Free Report)

Eaton Vance Tax-Managed Diversified Equity 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 diversified sectors. The fund primarily invests in dividend paying stocks of companies.

See Also

Dividend History for Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY)

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