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

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) declared a monthly dividend on Monday, June 3rd, Zacks reports. Stockholders of record on Friday, June 21st will be given a dividend of 0.065 per share on Friday, June 28th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 8.89%. The ex-dividend date of this dividend is Friday, June 21st.

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

Eaton Vance Risk-Managed Diversified Equity Income Fund Stock Performance

Eaton Vance Risk-Managed Diversified Equity Income Fund stock opened at $8.77 on Thursday. The firm has a 50-day moving average of $8.46 and a 200-day moving average of $8.24. Eaton Vance Risk-Managed Diversified Equity Income Fund has a one year low of $7.20 and a one year high of $8.80.

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.