Categories: Stock Market

Eaton Vance National Municipl Opprtnt Tr (EOT) Declares $0.06 Dividend

Eaton Vance National Municipl Opprtnt Tr said on April 3, 2023 that its board of directors declared a regular
monthly dividend of $0.06 per share ($0.75 annualized).
Previously, the company paid $0.06 per share.

Shares must be purchased before the ex-div date of April 21, 2023 to qualify for the dividend.

Shareholders of record as of April 24, 2023
will receive the payment on April 28, 2023.

At the current share price of $17.64 / share,
the stock’s dividend yield is 4.25%.

Looking back five years and taking a sample every week, the average dividend yield has been
3.68%,
the lowest has been 3.14%,
and the highest has been 4.83%.
The standard deviation of yields is 0.39 (n=236).

The current dividend yield is
1.44 standard deviations

above
the historical average.

The company has not increased its dividend in the last three years.

Learn to Harvest Dividends

Buy Stock. Capture Dividend. Sell Stock. Repeat. This is the essence of dividend harvesting and you can
do it easily with Fintel’s Dividend Capture Calendar.

What is the Fund Sentiment?

There are 44 funds or institutions reporting positions in Eaton Vance National Municipl Opprtnt Tr.

This is an increase
of
9
owner(s) or 25.71% in the last quarter.

Average portfolio weight of all funds dedicated to EOT is 0.08%,
an increase
of 83.66%.

Total shares owned by institutions increased
in the last three months by 27.61% to 2,651K shares.

What are Other Shareholders Doing?

Citadel Advisors
holds 13K shares
.

In it’s prior filing, the firm reported owning 0K shares, representing
an increase
of 100.00%.

Pathstone Family Office
holds 3K shares
.

In it’s prior filing, the firm reported owning 0K shares, representing
an increase
of 100.00%.

Wells Fargo
holds 45K shares
.

No change in the last quarter.

First Personal Financial Services
holds 1K shares
.

Van Eck Associates
holds 68K shares
.

In it’s prior filing, the firm reported owning 58K shares, representing
an increase
of 14.41%.

The firm

increased

its portfolio allocation in EOT by 1.32% over the last quarter.

Eaton Vance National Municipal Opportunities Trust Background Information
(This description is provided by the company.)

Eaton Vance National Municipal Opportunities Trust’s primary investment objective is to provide current income exempt from federal income tax. Secondary investment objective is capital appreciation. The fund highlights are the potential for attractive tax-exempt income each month and a portfolio that seeks to maintain an average portfolio credit quality of investment grade. The fund has an active approach to the management of municipal investments, using the research and trading capabilities of Eaton Vance’s experienced municipal team to seek to identify and exploit opportunities to enhance portfolio income and return through relative value trading.

This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Source link

nasdaqpicks.com

Share
Published by
nasdaqpicks.com

Recent Posts

Adani Green Energy Share Price Live blog for 13 Feb 2025

Adani Green Energy Share Price Today Live Updates : On the last trading day, Adani…

5 minutes ago

ASUS Zenbook 14 review: Lean, clean, mean machine!

The ASUS Zenbook line-up manages to walk that fine line between sturdy design and powerful…

6 minutes ago

China’s construction of coal-fired power plants reaches highest in a decade

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories…

8 minutes ago

Public sector banks see modest CBDC volume growth, start offering DBT via digital currency

India’s public sector banks are seeing modest growth in volumes of central bank digital currency…

15 minutes ago

Bharat Electronics Share Price Live blog for 13 Feb 2025

Bharat Electronics Share Price Today Live Updates : On the last trading day, Bharat Electronics…

16 minutes ago

US private equity-backed data centres fuel TikTok owner’s growth

US private equity groups have invested billions of dollars in data centres serving TikTok owner…

24 minutes ago