Eaton Vance Tax-Advantaged Global Dividend Income Fund Increases Monthly Dividend by 23.7%
Eaton Vance Tax-Advantaged Global Dividend Income Fund (ETG) has announced a significant increase in its monthly distribution. The fund's dividend will rise to $0.16 per share, representing a 23.7% increase from the previous payout of $0.13 per share. The updated dividend brings the fund's forward yield to 8.46%. Shareholders of record as of November 16 will be eligible for the payment, which is scheduled to be paid on November 30. This move comes amid observations that while the fund's Net Asset Value (NAV) has risen by 29%, it continues to trade at a market discount.
Topics: dividend increase monthly distribution yield analysis