Eaton Vance Risk-Managed Diversified Equity Income Fund Declares Monthly Dividend of $0.07 (NYSE:ETJ)

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) announced a monthly dividend on Tuesday, February 4th,Wall Street Journal reports. Investors of record on Friday, February 14th will be paid a dividend of 0.0651 per share on Friday, February 28th. This represents a $0.78 annualized dividend and a yield of 8.51%. The ex-dividend date is Friday, February 14th.

Eaton Vance Risk-Managed Diversified Equity Income Fund has decreased its dividend by an average of 5.6% per year over the last three years.

Eaton Vance Risk-Managed Diversified Equity Income Fund Stock Performance

ETJ stock traded up $0.02 during midday trading on Tuesday, hitting $9.18. The company had a trading volume of 175,357 shares, compared to its average volume of 143,853. Eaton Vance Risk-Managed Diversified Equity Income Fund has a 52 week low of $8.01 and a 52 week high of $9.60. The stock’s 50 day moving average price is $9.28 and its 200 day moving average price is $9.15.

About Eaton Vance Risk-Managed Diversified Equity Income Fund

Eaton Vance Risk-Managed Diversified Equity Income Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in the public equity markets of the United States. It primarily invests in common stocks and purchases out-of-the-money, short-dated S&P 500 index put options and sells out-of-the-money S&P 500 Index call options of the same term as the put options with roll dates that are staggered across the options portfolio.