Eaton Vance Municipal Income 2028 Term Trust Announces Monthly Dividend of $0.0782 per Share
Eaton Vance Municipal Income 2028 Term Trust (NYSE: ETX) has declared a monthly dividend of $0.0782 per share, representing an annualized forward yield of approximately 5.17%. The dividend is payable on September 30 to shareholders who are registered as of the close of business on September 15. Shareholders will go ex-dividend on the same date. This consistent monthly payout aligns with ETX's strategy targeting income generation through municipal bonds, which typically offer tax advantages for investors in higher tax brackets. The dividend declaration reinforces investor confidence and provides a predictable cash flow stream.
Tickers: $ETX
Topics: dividends fixed income