Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) to Issue Dividend Increase – $0.07 Per Share

Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) announced a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Stockholders of record on Friday, March 14th will be given a dividend of 0.0743 per share on Monday, March 31st. This represents a $0.89 dividend on an annualized basis and a dividend yield of 8.03%. The ex-dividend date of this dividend is Friday, March 14th. This is an increase from Eaton Vance Short Duration Diversified Income Fund’s previous monthly dividend of $0.07.

Eaton Vance Short Duration Diversified Income Fund Stock Performance

Shares of EVG traded down $0.18 on Tuesday, reaching $11.10. The stock had a trading volume of 53,900 shares, compared to its average volume of 38,432. Eaton Vance Short Duration Diversified Income Fund has a twelve month low of $10.29 and a twelve month high of $11.45. The firm has a 50-day moving average of $11.06 and a 200 day moving average of $11.13.

Eaton Vance Short Duration Diversified Income Fund Company Profile

Eaton Vance Short Duration Diversified Income Fund is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in fixed income markets of the United States. It primarily invests in senior, secured floating-rate loans, bank deposits denominated in foreign currencies, debt obligations of foreign governmental and corporate issuers, and mortgage-backed securities.