BOSTON, Oct. 18, 2012 /PRNewswire/ -- The Board of Directors of Eaton Vance Corp. (NYSE: EV) today declared a quarterly dividend of $0.20 per share on its common stock, an increase of 5.3 percent over the previous $0.19 per share quarterly dividend. The dividend is payable November 14, 2012 to shareholders of record on October 31, 2012. The increase marks the 32nd consecutive fiscal year that the Company has raised its dividend, which has grown at an annual rate of 19 percent over that period. Eaton Vance Corp. is one of the oldest investment management firms in the United States, with a history dating from 1924. Eaton Vance and its affiliates managed 198.2 billion in assets as of September 30, 2012, offering individuals and institutions a broad array of investment strategies and wealth management solutions. The Company's long record of exemplary service, timely innovation and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today's most discerning investors. For more information, visit www.eatonvance.com. SOURCE Eaton Vance Corp.