Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) to Distribute Monthly Dividend of $0.11 on July 31st

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) declared a monthly dividend on Wednesday, July 1st. Stockholders of record on Wednesday, July 15th will be given a dividend of 0.1058 per share by the financial services provider on Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 8.2%. The ex-dividend date of this dividend is Wednesday, July 15th.

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

ETB stock opened at $15.53 on Friday. Eaton Vance Tax-Managed Buy-Write Income Fund has a 1 year low of $13.86 and a 1 year high of $15.67. The company has a fifty day simple moving average of $15.32 and a 200 day simple moving average of $15.21.

Eaton Vance Tax-Managed Buy-Write Income Fund Company Profile

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.