Reminder - Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 7/22/13, Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) will trade ex-dividend, for its monthly dividend of $0.0843, payable on 7/31/13. As a percentage of ETY's recent stock price of $10.61, this dividend works out to approximately 0.79%, so look for shares of Eaton Vance Tax-Managed Diversified Equity Income Fund to trade 0.79% lower — all else being equal — when ETY shares open for trading on 7/22/13.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for ETY, showing historical dividends prior to the most recent $0.0843 declared by Eaton Vance Tax-Managed Diversified Equity Income Fund:

ETY+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ETY is likely to continue, and whether the current estimated yield of 9.53% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of ETY shares, versus its 200 day moving average:

Eaton Vance Tax-Managed Diversified Equity Income Fund 200 Day Moving Average Chart

Looking at the chart above, ETY's low point in its 52 week range is $8.94 per share, with $10.83 as the 52 week high point — that compares with a last trade of $10.61.

According to the ETF Finder at ETF Channel, ETY makes up 2.71% of the CEF Income Composite Portfolio ETF ( PCEF) which is trading up by about 0.4% on the day Thursday.

In Thursday trading, Eaton Vance Tax-Managed Diversified Equity Income Fund shares are currently up about 0.4% on the day.

null

More from Stocks

Podcast: What TheStreet's Interns Learned From Jim Cramer and Action Alerts PLUS

Podcast: What TheStreet's Interns Learned From Jim Cramer and Action Alerts PLUS

Bank of America, Tariffs and the Goldman Sachs CEO Change: Jim Cramer Rewind

Bank of America, Tariffs and the Goldman Sachs CEO Change: Jim Cramer Rewind

Goldman Sachs Really Doesn't Like Apple's Stock

Goldman Sachs Really Doesn't Like Apple's Stock

Lee Munson on the Market, Trade and the Possibility of a Recession

Lee Munson on the Market, Trade and the Possibility of a Recession

Buy These 3 Killer Tech Stocks, Says Wall Street's #1 Analyst

Buy These 3 Killer Tech Stocks, Says Wall Street's #1 Analyst