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

Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX) announced a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Investors of record on Monday, December 23rd will be given a dividend of 0.0782 per share by the investment management company on Tuesday, December 31st. This represents a $0.94 dividend on an annualized basis and a yield of 5.07%. The ex-dividend date is Monday, December 23rd.

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

Eaton Vance Municipal Income 2028 Term Trust Stock Performance

Shares of Eaton Vance Municipal Income 2028 Term Trust stock traded up $0.02 during trading hours on Tuesday, reaching $18.51. The company’s stock had a trading volume of 20,251 shares, compared to its average volume of 26,622. Eaton Vance Municipal Income 2028 Term Trust has a one year low of $17.28 and a one year high of $19.44. The firm has a 50 day moving average price of $18.56 and a 200-day moving average price of $18.66.

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.