Looking at the universe of stocks we cover at Dividend Channel, on 8/8/13, Eaton Vance Municipal Income Trust (EVN) will trade ex-dividend, for its monthly dividend of $0.0783, payable on 8/19/13. As a percentage of EVN's recent stock price of $11.03, this dividend works out to approximately 0.71%, so look for shares of Eaton Vance Municipal Income Trust to trade 0.71% lower — all else being equal — when EVN shares open for trading on 8/8/13.
Below is a dividend history chart for EVN, showing historical dividends prior to the most recent $0.0783 declared by Eaton Vance Municipal Income Trust:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from EVN is likely to continue, and whether the current estimated yield of 8.52% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of EVN shares, versus its 200 day moving average:Looking at the chart above, EVN's low point in its 52 week range is $11.03 per share, with $14.52 as the 52 week high point — that compares with a last trade of $11.07.
In Tuesday trading, Eaton Vance Municipal Income Trust shares are currently off about 0.6% on the day.