Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) to Issue Monthly Dividend of $0.11 on April 30th

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) declared a monthly dividend on Monday, April 1st, Zacks reports. Investors of record on Tuesday, April 23rd will be paid a dividend of 0.106 per share by the financial services provider on Tuesday, April 30th. This represents a $1.27 annualized dividend and a yield of 9.72%. The ex-dividend date is Monday, April 22nd. This is a positive change from Eaton Vance Tax-Managed Buy-Write Income Fund’s previous monthly dividend of $0.09.

Eaton Vance Tax-Managed Buy-Write Income Fund has decreased its dividend payment by an average of 7.3% per year over the last three years.

Eaton Vance Tax-Managed Buy-Write Income Fund Trading Down 1.1 %

Shares of NYSE:ETB opened at $13.08 on Friday. Eaton Vance Tax-Managed Buy-Write Income Fund has a twelve month low of $11.59 and a twelve month high of $14.08. The company’s 50 day moving average is $13.49 and its 200 day moving average is $13.04.

Institutional Investors Weigh In On Eaton Vance Tax-Managed Buy-Write Income Fund

Hedge funds have recently bought and sold shares of the stock. Captrust Financial Advisors purchased a new stake in Eaton Vance Tax-Managed Buy-Write Income Fund in the 2nd quarter worth approximately $35,000. Worth Asset Management LLC purchased a new stake in Eaton Vance Tax-Managed Buy-Write Income Fund in the 1st quarter worth approximately $40,000. Gould Capital LLC boosted its position in Eaton Vance Tax-Managed Buy-Write Income Fund by 90.0% in the 4th quarter. Gould Capital LLC now owns 3,800 shares of the financial services provider’s stock worth $49,000 after purchasing an additional 1,800 shares in the last quarter. JPMorgan Chase & Co. purchased a new stake in Eaton Vance Tax-Managed Buy-Write Income Fund in the 2nd quarter worth approximately $51,000. Finally, Jane Street Group LLC purchased a new position in shares of Eaton Vance Tax-Managed Buy-Write Income Fund during the 4th quarter valued at approximately $137,000.

Eaton Vance Tax-Managed Buy-Write Income Fund Company Profile

Eaton Vance Tax-Managed Buy-Write Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. It is co-managed by Parametric Portfolio Associates LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.