- Eaton Vance Tax-Advantaged Dividend Income Fund (EVT, Financial) announces a consistent monthly dividend.
- Current forward yield stands impressively at 8.15%.
- Key dates include a July 23 payout and a July 11 ex-dividend date.
Eaton Vance EVT Declares Monthly Dividend
The Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE: EVT) has officially declared a monthly dividend of $0.1646 per share. This announcement underscores the fund's commitment to delivering value to its shareholders through regular income distributions.
Understanding the Forward Yield
Investors will find the forward yield particularly attractive at 8.15%. This percentage reflects the annualized dividend as a function of the current stock price, offering a lucrative return that might pique the interest of income-focused investors.
Key Dates for Shareholders
For those looking to benefit from this dividend, it's essential to be aware of the critical dates. The dividend is set to be payable on July 23. Shareholders must be recorded by July 11, which coincides with the ex-dividend date—a key marker in securing the dividend payout.
By maintaining these dates in focus, investors can plan their strategies effectively to optimize their returns from this high-yielding asset.
