Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY) Declares $0.10 Monthly Dividend

Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY) announced a monthly dividend on Monday, June 1st. Stockholders of record on Monday, June 15th will be paid a dividend of 0.0992 per share by the investment management company on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date is Monday, June 15th.

Eaton Vance Tax-Managed Diversified Equity Income Fund Stock Performance

Shares of ETY opened at $14.85 on Tuesday. Eaton Vance Tax-Managed Diversified Equity Income Fund has a twelve month low of $13.12 and a twelve month high of $16.03. The firm’s fifty day simple moving average is $14.45 and its 200-day simple moving average is $14.89.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Centaurus Financial Inc. increased its stake in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund by 1.6% during the third quarter. Centaurus Financial Inc. now owns 42,805 shares of the investment management company’s stock worth $681,000 after acquiring an additional 669 shares during the period. MML Investors Services LLC increased its stake in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund by 2.4% during the fourth quarter. MML Investors Services LLC now owns 29,856 shares of the investment management company’s stock worth $458,000 after acquiring an additional 689 shares during the period. CWM LLC increased its stake in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund by 64.5% during the fourth quarter. CWM LLC now owns 1,783 shares of the investment management company’s stock worth $27,000 after acquiring an additional 699 shares during the period. Summit Investment Advisory Services LLC increased its stake in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund by 1.5% during the third quarter. Summit Investment Advisory Services LLC now owns 48,322 shares of the investment management company’s stock worth $768,000 after acquiring an additional 728 shares during the period. Finally, Goldman Sachs Group Inc. increased its stake in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund by 0.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 101,200 shares of the investment management company’s stock worth $1,552,000 after acquiring an additional 881 shares during the period.

About Eaton Vance Tax-Managed Diversified Equity Income Fund

The Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE: ETY) is a closed-end management investment company that seeks to provide a high level of after-tax total return. Launched in December 2004, ETY is managed by investment professionals at Eaton Vance—now part of Morgan Stanley Investment Management—and employs a tax-sensitive strategy designed to minimize the distribution of capital gains to shareholders.

ETY invests primarily in a diversified portfolio of dividend-paying equity securities across a broad range of industries.