Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) Raises Dividend to $0.07 Per Share

Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) declared a monthly dividend on Tuesday, February 4th,Wall Street Journal reports. Investors of record on Thursday, February 13th will be paid a dividend of 0.0732 per share on Monday, February 24th. This represents a $0.88 dividend on an annualized basis and a yield of 8.54%. The ex-dividend date of this dividend is Thursday, February 13th. This is an increase from Eaton Vance Limited Duration Income Fund’s previous monthly dividend of $0.07.

Eaton Vance Limited Duration Income Fund Stock Performance

EVV stock traded up $0.10 during mid-day trading on Tuesday, hitting $10.29. 229,124 shares of the company were exchanged, compared to its average volume of 281,460. Eaton Vance Limited Duration Income Fund has a 1-year low of $9.22 and a 1-year high of $10.55.

About Eaton Vance Limited Duration Income Fund

Eaton Vance Limited Duration Income Fund is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income markets of the United States. It primarily invests in senior, secured floating-rate loans, government agency mortgage-backed securities, and corporate bonds that are rated below investment grade.