Eaton Vance Ohio Municipal Income Trust About To Put More Money In Your Pocket (EVO)

Looking at the universe of stocks we cover at Dividend Channel, on 10/8/13, Eaton Vance Ohio Municipal Income Trust ( EVO) will trade ex-dividend, for its monthly dividend of $0.0609, payable on 10/17/13. As a percentage of EVO's recent stock price of $12.17, this dividend works out to approximately 0.50%.

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Below is a dividend history chart for EVO, showing historical dividends prior to the most recent $0.0609 declared by Eaton Vance Ohio Municipal Income Trust:

EVO+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 EVO is likely to continue, and whether the current estimated yield of 6.01% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of EVO shares, versus its 200 day moving average:

Eaton Vance Ohio Municipal Income Trust 200 Day Moving Average Chart

Looking at the chart above, EVO's low point in its 52 week range is $11.36 per share, with $18.49 as the 52 week high point — that compares with a last trade of $12.17.

In Friday trading, Eaton Vance Ohio Municipal Income Trust shares are currently trading flat on the day.
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