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

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 paid a dividend of 0.1058 per share by the financial services provider on Monday, August 31st. This represents a c) dividend on an annualized basis 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 Stock Performance

Shares of ETB opened at $15.61 on Tuesday. Eaton Vance Tax-Managed Buy-Write Income Fund has a 12 month low of $13.86 and a 12 month high of $15.72. The stock has a fifty day moving average price of $15.39 and a 200 day moving average price of $15.24.

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.