Eaton Vance Tax-Advantaged Dividend Income Fund: Key Insights Before Jun 16, 2025 Ex-Dividend Date

Generated by AI AgentAinvest Dividend Digest
Friday, Jun 13, 2025 9:05 am ET1min read
Eaton Vance Tax-Advantaged Dividend Income Fund (EVT) recently announced a dividend of $0.165 per share, payable on Jun 30, 2025, with the ex-dividend date set for Jun 16, 2025. This dividend amount reflects a slight increase from the average of the last ten dividends, which was approximately $0.132 per share. The announcement was made on Jun 2, 2025. The most recent dividend, prior to this announcement, was distributed on May 30, 2025, and was also $0.165 per share. Both dividends are classified as cash dividends.

Recently, several noteworthy developments have been reported regarding Tax-Advantaged Dividend Income Fund (EVT). The fund is offering an attractive yield of 8.4%, trading at a deeper-than-average discount of 8%. This has caught the attention of market participants, given the potential for tax-advantaged income. Over the past week, analysts have highlighted the positive momentum of EVT's Moving Average Convergence Divergence (MACD) Histogram, which turned positive on Jun 9, 2025, suggesting a favorable trend in its stock performance. Additionally, as of Jun 11, 2025, shares were priced at $23.64, indicating a stable valuation amidst broader market movements.

Since the last update, Eaton Vance (ETY) shares have seen significant activity, with a recent rise of 0.59%, marking the highest level since Feb 2025. This upward trajectory, coupled with an intraday gain of 0.92%, reflects the company's strong market presence and investor confidence. Furthermore, the company continues to emphasize its commitment to financial advisors, offering dedicated support from its Boston office, thus strengthening its operational framework.

In conclusion, EVT continues to present itself as a compelling investment opportunity, particularly with its upcoming ex-dividend date on Jun 16, 2025. This date marks the last opportunity for investors to acquire shares and secure the dividend, as any purchases made thereafter will not qualify for the current dividend distribution.

Comments



Add a public comment...
No comments

No comments yet