Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX) to Issue Dividend Increase – $0.08 Per Share

Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX) declared a monthly dividend on Monday, November 4th, Wall Street Journal reports. Stockholders of record on Thursday, November 21st will be paid a dividend of 0.0782 per share by the investment management company on Friday, November 29th. This represents a $0.94 annualized dividend and a dividend yield of 5.06%. The ex-dividend date is Thursday, November 21st. This is a boost from Eaton Vance Municipal Income 2028 Term Trust’s previous monthly dividend of $0.08.

Eaton Vance Municipal Income 2028 Term Trust has decreased its dividend by an average of 5.2% per year over the last three years.

Eaton Vance Municipal Income 2028 Term Trust Trading Down 0.6 %

Shares of ETX stock opened at $18.56 on Tuesday. Eaton Vance Municipal Income 2028 Term Trust has a twelve month low of $16.70 and a twelve month high of $19.44. The stock has a 50 day moving average of $18.76 and a 200 day moving average of $18.64.

Eaton Vance Municipal Income 2028 Term Trust Company Profile

Eaton Vance Municipal Income 2028 Term Trust is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets. The fund invest in stocks of companies operating across the diversified sectors. It was previously known as Eaton Vance Municipal Income Term Trust.