Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX) to Issue $0.07 Monthly Dividend

Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETXGet Rating) announced a monthly dividend on Friday, April 1st, Zacks reports. Stockholders of record on Friday, April 22nd will be paid a dividend of 0.071 per share by the investment management company on Friday, April 29th. This represents a $0.85 dividend on an annualized basis and a dividend yield of 4.26%. The ex-dividend date is Thursday, April 21st.

Shares of ETX stock opened at $20.02 on Tuesday. The stock’s fifty day moving average price is $20.43. Eaton Vance Municipal Income 2028 Term Trust has a 12 month low of $19.56 and a 12 month high of $24.10.

Several large investors have recently added to or reduced their stakes in the company. Wells Fargo & Company MN increased its holdings in shares of Eaton Vance Municipal Income 2028 Term Trust by 1.0% in the 4th quarter. Wells Fargo & Company MN now owns 194,706 shares of the investment management company’s stock valued at $4,187,000 after acquiring an additional 1,841 shares during the last quarter. LPL Financial LLC boosted its holdings in Eaton Vance Municipal Income 2028 Term Trust by 14.3% in the fourth quarter. LPL Financial LLC now owns 21,228 shares of the investment management company’s stock valued at $456,000 after purchasing an additional 2,663 shares in the last quarter. Royal Bank of Canada boosted its holdings in Eaton Vance Municipal Income 2028 Term Trust by 9.3% in the third quarter. Royal Bank of Canada now owns 22,072 shares of the investment management company’s stock valued at $493,000 after purchasing an additional 1,879 shares in the last quarter. Finally, Morgan Stanley increased its stake in Eaton Vance Municipal Income 2028 Term Trust by 10.4% in the second quarter. Morgan Stanley now owns 241,752 shares of the investment management company’s stock valued at $5,628,000 after purchasing an additional 22,742 shares during the last quarter.

Eaton Vance Municipal Income 2028 Term Trust Company Profile (Get Rating)

Eaton Vance Municipal Income 2028 Term Trust is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets. The fund invest in stocks of companies operating across the diversified sectors. It was previously known as Eaton Vance Municipal Income Term Trust.

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Dividend History for Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX)

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