Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY) Announces Monthly Dividend of $0.08

Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY) declared a monthly dividend on Wednesday, November 1st, NASDAQ reports. Stockholders 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 annualized dividend and a dividend yield of 8.34%. The ex-dividend date of this dividend is Tuesday, November 21st. This is an increase 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 increased its dividend payment by an average of 2.5% annually over the last three years.

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

Shares of NYSE:ETY opened at $11.58 on Monday. Eaton Vance Tax-Managed Diversified Equity Income Fund has a twelve month low of $10.59 and a twelve month high of $12.67. The company’s 50 day moving average is $11.46 and its 200 day moving average is $11.85.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in ETY. Jane Street Group LLC acquired a new stake in Eaton Vance Tax-Managed Diversified Equity Income Fund during the 1st quarter worth about $167,000. Envestnet Asset Management Inc. purchased a new position in Eaton Vance Tax-Managed Diversified Equity Income Fund during the second quarter valued at approximately $165,000. HRT Financial LP acquired a new position in Eaton Vance Tax-Managed Diversified Equity Income Fund in the first quarter valued at approximately $146,000. Brown Advisory Inc. acquired a new position in Eaton Vance Tax-Managed Diversified Equity Income Fund in the fourth quarter valued at approximately $140,000. Finally, Insigneo Advisory Services LLC purchased a new stake in Eaton Vance Tax-Managed Diversified Equity Income Fund in the 2nd quarter worth approximately $125,000.

About Eaton Vance Tax-Managed Diversified Equity Income Fund

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.