Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) to Issue Monthly Dividend of $0.10 on October 30th

Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY) announced a monthly dividend on Thursday, October 1st. Shareholders of record on Thursday, October 15th will be paid a dividend of $0.0992 per share by the investment management company on Friday, October 30th. This represents a $1.19 annualized dividend and a yield of 8.4%. The ex-dividend date of this dividend is Thursday, October 15th.

Eaton Vance Tax-Managed Diversified Equity Income Fund Stock Up 0.9%

NYSE ETY opened at $14.19 on Friday. The company has a 50 day moving average of $14.34 and a 200-day moving average of $14.40. Eaton Vance Tax-Managed Diversified Equity Income Fund has a 1-year low of $13.12 and a 1-year high of $15.91.

Institutional Investors Weigh In On Eaton Vance Tax-Managed Diversified Equity Income Fund

A number of large investors have recently bought and sold shares of ETY. Matrix Private Capital Group LLC acquired a new stake in Eaton Vance Tax-Managed Diversified Equity Income Fund during the 1st quarter valued at $11,111,000. RFG Advisory LLC grew its holdings in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund by 2.6% during the second quarter. RFG Advisory LLC now owns 642,216 shares of the investment management company’s stock worth $9,338,000 after purchasing an additional 16,141 shares during the last quarter. Baird Financial Group Inc. grew its holdings in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund by 17.9% during the second quarter. Baird Financial Group Inc. now owns 634,045 shares of the investment management company’s stock worth $9,219,000 after purchasing an additional 96,284 shares during the last quarter. Pathway Financial Advisers LLC increased its stake in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund by 5.8% in the first quarter. Pathway Financial Advisers LLC now owns 440,229 shares of the investment management company’s stock valued at $6,071,000 after buying an additional 24,055 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its stake in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund by 5.4% in the first quarter. Janney Montgomery Scott LLC now owns 382,253 shares of the investment management company’s stock valued at $5,271,000 after buying an additional 19,450 shares in the last quarter.

Eaton Vance Tax-Managed Diversified Equity Income Fund Company Profile

Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY) is a closed-end management investment company that seeks to provide current income and gains while managing the tax consequences associated with its investment strategy. The fund is managed by Eaton Vance Management, an investment management firm within Morgan Stanley Investment Management.

The fund invests primarily in a diversified portfolio of equity securities, including dividend-paying common stocks. Its tax-managed approach is designed to emphasize after-tax returns and may involve strategies intended to manage the timing and character of distributions to shareholders.