Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) to Issue Monthly Dividend of $0.08 on November 30th

Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY) announced a monthly dividend on Wednesday, November 1st, NASDAQ reports. Shareholders of record on Wednesday, November 22nd will be paid a dividend of 0.0805 per share by the investment management company on Thursday, November 30th. This represents a $0.97 dividend on an annualized basis and a yield of 8.34%. The ex-dividend date is Tuesday, November 21st. 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 raised its dividend payment by an average of 2.5% per year over the last three years.

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

Shares of ETY opened at $11.58 on Friday. The firm’s 50-day moving average price is $11.46 and its 200-day moving average price is $11.85. Eaton Vance Tax-Managed Diversified Equity Income Fund has a 1-year low of $10.59 and a 1-year high of $12.67.

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

Large investors have recently modified their holdings of the stock. Captrust Financial Advisors bought a new stake in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund during the 2nd quarter valued at about $26,000. Tower Research Capital LLC TRC boosted its stake in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund by 3,031.3% during the 1st quarter. Tower Research Capital LLC TRC now owns 3,006 shares of the investment management company’s stock valued at $35,000 after purchasing an additional 2,910 shares in the last quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC boosted its stake in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund by 811.5% during the 1st quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 3,573 shares of the investment management company’s stock valued at $49,000 after purchasing an additional 3,181 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund by 123.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 6,282 shares of the investment management company’s stock valued at $78,000 after purchasing an additional 3,466 shares in the last quarter. Finally, Insigneo Advisory Services LLC purchased a new position in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund in the 2nd quarter worth $125,000.

Eaton Vance Tax-Managed Diversified Equity Income Fund Company Profile

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.