Eaton Vance Municipal Income 2028 Term Trust (ETX) has announced a cash dividend of $0.078 per share, with the ex-dividend date set for Jun 16, 2025, and the payment date on Jun 30, 2025. This dividend amount is higher compared to the average of the last ten dividends, which stood at approximately $0.071. The previous dividend, paid on May 30, 2025, was also $0.078 per share and was similarly classified as a cash dividend.
Recently, Eaton Vance Municipal Income 2028 Term Trust has been drawing attention due to several notable developments. Over the past week, analysts have reported on the stock's performance, highlighting its price of $18.27. This has been accompanied by discussions regarding the company's strategic investments and operational outlook, suggesting potential impacts on its future performance. As of late, the trust has been featured in discussions about upcoming ex-dividend events, where it was noted that the dividend yield is 5.18%. Furthermore, sources have indicated shifts in the municipal bond market, which could influence the trust's portfolio and, subsequently, its returns. Since the last update, there have also been insights into the broader industry dynamics and their potential effects on Eaton Vance Municipal Income 2028 Term Trust's market position.
In conclusion, Eaton Vance Municipal Income 2028 Term Trust continues to maintain a steady dividend payout, with the next ex-dividend date on Jun 16, 2025. This date marks the final opportunity for investors to purchase shares and be eligible for the upcoming dividend distribution. Any acquisition of shares subsequent to this date will not qualify for the current dividend payout.
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