Eaton Vance Tax-Managed Buy-Write Income Fund Plans Monthly Dividend of $0.11 (NYSE:ETB)

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) declared a monthly dividend on Monday, August 3rd. Investors of record on Friday, August 14th will be given a dividend of 0.1058 per share by the financial services provider on Monday, August 31st. This represents a c) annualized dividend and a yield of 8.1%. The ex-dividend date of this dividend is Friday, August 14th.

Eaton Vance Tax-Managed Buy-Write Income Fund Price Performance

Shares of NYSE:ETB opened at $15.61 on Tuesday. The stock’s 50-day moving average price is $15.39 and its two-hundred day moving average price is $15.24. Eaton Vance Tax-Managed Buy-Write Income Fund has a 12-month low of $13.86 and a 12-month high of $15.72.

About Eaton Vance Tax-Managed Buy-Write Income Fund

The Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE: ETB) is a closed-end management investment company that seeks to provide a high level of after-tax total return. The fund primarily invests in a portfolio of U.S. common stocks, focusing on large-capitalization companies with established dividend records. To enhance income and manage risk, ETB employs a covered call, or “buy-write,” strategy, writing call options on selected equity holdings to generate premium income.

Under its tax-managed approach, the fund aims to reduce the tax impact of distributions by employing option overlay techniques alongside traditional equity selection.