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

Nvidia Tumbles on Soft Guidance: 5 Key Takeaways

Nvidia Tumbles on Soft Guidance: 5 Key Takeaways

Walmart Stock Slips as Market Anxiety Stymies Earnings Day Pop

Walmart Stock Slips as Market Anxiety Stymies Earnings Day Pop

Jim Cramer Correctly Predicted Nvidia's Earnings Miss Back in October

Jim Cramer Correctly Predicted Nvidia's Earnings Miss Back in October

Icahn Ends Battle With Michael Dell

Icahn Ends Battle With Michael Dell

There's Trouble at the Top of Walmart's Largest Ever Acquisition

There's Trouble at the Top of Walmart's Largest Ever Acquisition