Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) Declares Dividend Increase – $0.08 Per Share

Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) announced a monthly dividend on Monday, April 1st, Zacks reports. Investors of record on Tuesday, April 23rd will be given a dividend of 0.079 per share on Tuesday, April 30th. This represents a $0.95 annualized dividend and a yield of 9.05%. The ex-dividend date is Monday, April 22nd. This is a boost from Eaton Vance Short Duration Diversified Income Fund’s previous monthly dividend of $0.08.

Eaton Vance Short Duration Diversified Income Fund has raised its dividend payment by an average of 1.9% annually over the last three years and has raised its dividend annually for the last 1 consecutive years.

Eaton Vance Short Duration Diversified Income Fund Price Performance

NYSE:EVG opened at $10.47 on Friday. Eaton Vance Short Duration Diversified Income Fund has a 52-week low of $9.13 and a 52-week high of $10.86. The stock has a fifty day moving average of $10.60 and a 200 day moving average of $10.38.

Institutional Investors Weigh In On Eaton Vance Short Duration Diversified Income Fund

Several large investors have recently added to or reduced their stakes in the business. Ameriprise Financial Inc. boosted its stake in Eaton Vance Short Duration Diversified Income Fund by 359.5% during the third quarter. Ameriprise Financial Inc. now owns 221,054 shares of the company’s stock valued at $2,292,000 after buying an additional 172,948 shares during the period. First Trust Advisors LP boosted its stake in Eaton Vance Short Duration Diversified Income Fund by 5.4% during the first quarter. First Trust Advisors LP now owns 175,054 shares of the company’s stock valued at $2,024,000 after buying an additional 8,942 shares during the period. Invesco Ltd. boosted its stake in Eaton Vance Short Duration Diversified Income Fund by 8.4% during the third quarter. Invesco Ltd. now owns 144,725 shares of the company’s stock valued at $1,501,000 after buying an additional 11,266 shares during the period. Guggenheim Capital LLC boosted its stake in Eaton Vance Short Duration Diversified Income Fund by 50.7% during the first quarter. Guggenheim Capital LLC now owns 128,009 shares of the company’s stock valued at $1,480,000 after buying an additional 43,083 shares during the period. Finally, Centaurus Financial Inc. boosted its stake in Eaton Vance Short Duration Diversified Income Fund by 8.7% during the first quarter. Centaurus Financial Inc. now owns 102,499 shares of the company’s stock valued at $1,185,000 after buying an additional 8,175 shares during the period.

About Eaton Vance Short Duration Diversified Income Fund

Eaton Vance Short Duration Diversified Income Fund is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in fixed income markets of the United States. It primarily invests in senior, secured floating-rate loans, bank deposits denominated in foreign currencies, debt obligations of foreign governmental and corporate issuers, and mortgage-backed securities.