Eaton Vance Senior Income: Dividend Insights
Portfolio Pulse from Benzinga Insights
Eaton Vance Senior Income (NYSE:EVF) announced a monthly dividend of 5.6 cents per share. The stock will go ex-dividend on Wednesday, meaning it will likely open 5.6 cents lower. Shareholders owning EVF by the end of Tuesday's session will be eligible for the dividend payout. The dividend will be paid out on October 19, 2023.
October 06, 2023 | 2:45 pm
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Eaton Vance Senior Income (NYSE:EVF) announced a monthly dividend of 5.6 cents per share. The stock will go ex-dividend on Wednesday, which may cause the stock to open lower.
The announcement of a dividend often leads to a temporary increase in the stock price as investors buy in to receive the dividend. However, the stock price typically drops by about the same amount of the dividend on the ex-dividend date. In this case, Eaton Vance Senior Income's stock price is expected to drop by 5.6 cents on the ex-dividend date.
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