Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) to Issue Monthly Dividend of $0.08 on September 29th

Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY) declared a monthly dividend on Friday, September 1st, Wall Street Journal reports. Shareholders of record on Friday, September 22nd will be given a dividend of 0.0805 per share by the investment management company on Friday, September 29th. This represents a $0.97 dividend on an annualized basis and a yield of 8.07%. The ex-dividend date of this dividend is Thursday, September 21st. This is a boost from Eaton Vance Tax-Managed Diversified Equity Income Fund’s previous monthly dividend of $0.08.

Eaton Vance Tax-Managed Diversified Equity Income Fund Price Performance

Shares of ETY opened at $11.97 on Tuesday. Eaton Vance Tax-Managed Diversified Equity Income Fund has a one year low of $10.61 and a one year high of $12.67. The business’s 50 day simple moving average is $12.20 and its 200-day simple moving average is $11.90.

Institutional Trading of Eaton Vance Tax-Managed Diversified Equity Income Fund

Several large investors have recently made changes to their positions in ETY. Wells Fargo & Company MN lifted its position in Eaton Vance Tax-Managed Diversified Equity Income Fund by 2.4% during the 2nd quarter. Wells Fargo & Company MN now owns 1,420,062 shares of the investment management company’s stock worth $17,694,000 after buying an additional 33,218 shares in the last quarter. UBS Group AG lifted its position in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund by 4.6% during the first quarter. UBS Group AG now owns 780,967 shares of the investment management company’s stock worth $10,910,000 after purchasing an additional 34,173 shares in the last quarter. Bank of America Corp DE grew its stake in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund by 2.9% during the first quarter. Bank of America Corp DE now owns 598,505 shares of the investment management company’s stock valued at $6,985,000 after purchasing an additional 16,781 shares during the last quarter. Royal Bank of Canada raised its position in Eaton Vance Tax-Managed Diversified Equity Income Fund by 13.3% in the 2nd quarter. Royal Bank of Canada now owns 517,139 shares of the investment management company’s stock worth $6,444,000 after purchasing an additional 60,658 shares during the last quarter. Finally, LPL Financial LLC lifted its holdings in Eaton Vance Tax-Managed Diversified Equity Income Fund by 16.0% during the 2nd quarter. LPL Financial LLC now owns 477,838 shares of the investment management company’s stock worth $5,414,000 after buying an additional 65,773 shares in the last quarter.

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.