Eaton Vance Tax Managed Buy Write Opport (NYSE:ETV) Plans $0.11 Monthly Dividend

Eaton Vance Tax Managed Buy Write Opport (NYSE:ETV) announced a monthly dividend on Tuesday, October 1st, Zacks reports. Investors of record on Thursday, October 24th will be given a dividend of 0.111 per share by the financial services provider on Thursday, October 31st. This represents a $1.33 dividend on an annualized basis and a yield of 9.24%. The ex-dividend date of this dividend is Wednesday, October 23rd.

Eaton Vance Tax Managed Buy Write Opport has raised its dividend by an average of 2.9% annually over the last three years.

ETV stock traded up $0.06 during midday trading on Thursday, reaching $14.42. 7,013 shares of the company’s stock traded hands, compared to its average volume of 228,166. The company has a 50-day simple moving average of $14.66 and a two-hundred day simple moving average of $14.89. Eaton Vance Tax Managed Buy Write Opport has a 1-year low of $12.38 and a 1-year high of $16.15.



In related news, Director Brian D. Langstraat sold 3,772 shares of the firm’s stock in a transaction on Thursday, July 18th. The stock was sold at an average price of $43.89, for a total transaction of $165,553.08. Following the completion of the sale, the director now directly owns 165,148 shares of the company’s stock, valued at approximately $7,248,345.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Leo I. Higdon, Jr. sold 4,883 shares of the firm’s stock in a transaction on Tuesday, July 16th. The shares were sold at an average price of $44.32, for a total value of $216,414.56. Following the sale, the director now directly owns 8,904 shares of the company’s stock, valued at $394,625.28. The disclosure for this sale can be found here.

Eaton Vance Tax Managed Buy Write Opport Company Profile

Eaton Vance Tax-Managed Buy-Write Opportunities 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.

Recommended Story: How prevalent are 12b-1 fees?

Dividend History for Eaton Vance Tax Managed Buy Write Opport (NYSE:ETV)

Receive News & Ratings for Eaton Vance Tax Managed Buy Write Opport Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eaton Vance Tax Managed Buy Write Opport and related companies with MarketBeat.com's FREE daily email newsletter.