Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) to Issue Monthly Dividend of $0.07

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) announced a monthly dividend on Tuesday, October 1st, Zacks reports. Investors of record on Wednesday, October 23rd will be given a dividend of 0.065 per share on Thursday, October 31st. This represents a $0.78 annualized dividend and a dividend yield of 8.34%. The ex-dividend date is Wednesday, October 23rd.

Eaton Vance Risk-Managed Diversified Equity Income Fund has decreased its dividend by an average of 8.7% per year over the last three years.

Eaton Vance Risk-Managed Diversified Equity Income Fund Price Performance

ETJ opened at $9.35 on Tuesday. The stock’s 50-day moving average price is $9.12 and its 200 day moving average price is $8.79. Eaton Vance Risk-Managed Diversified Equity Income Fund has a 12-month low of $7.20 and a 12-month high of $9.60.

Eaton Vance Risk-Managed Diversified Equity Income Fund Company Profile

Eaton Vance Risk-Managed Diversified Equity Income Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in the public equity markets of the United States. It primarily invests in common stocks and purchases out-of-the-money, short-dated S&P 500 index put options and sells out-of-the-money S&P 500 Index call options of the same term as the put options with roll dates that are staggered across the options portfolio.