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

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) declared a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Shareholders of record on Friday, September 20th will be given a dividend of 0.0651 per share on Monday, September 30th. This represents a $0.78 dividend on an annualized basis and a yield of 8.55%. The ex-dividend date is Friday, September 20th.

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 Price Performance

Shares of Eaton Vance Risk-Managed Diversified Equity Income Fund stock opened at $9.14 on Thursday. The company’s 50-day moving average price is $8.91 and its 200-day moving average price is $8.64. Eaton Vance Risk-Managed Diversified Equity Income Fund has a 12-month low of $7.20 and a 12-month high of $9.23.

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.