Eaton Vance Short: Dividend Insights
Portfolio Pulse from Benzinga Insights
Eaton Vance Short (NYSE: EVG) announced a monthly dividend of 7.49 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning EVG by the end of Tuesday's session will be eligible for the dividend payout, which will be distributed on June 30, 2023.
June 16, 2023 | 2:47 pm
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NEUTRAL IMPACT
Eaton Vance Short (EVG) will pay a 7.49 cents per share dividend, with the ex-dividend date on Wednesday. Shareholders owning the stock by end of Tuesday will be eligible for the payout.
The announcement of the dividend payout is important for EVG shareholders, as it directly affects their returns. However, the short-term price impact is neutral, as the stock will likely open 7.49 cents lower on the ex-dividend date, reflecting the payout.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100