Eaton Vance Increases Quarterly Dividend
BOSTON, Oct. 17, 2013 /PRNewswire/ -- The Board of Directors of Eaton Vance Corp. (NYSE: EV) today declared a quarterly dividend of $0.22 per share on its common stock. The new quarterly rate represents an increase of 10 percent over the $0.20 per share declared in the Company's third fiscal quarter. The dividend is payable November 13, 2013 to shareholders of record on October 31, 2013.
The increase marks the 33rd consecutive fiscal year that the Company has raised its regular quarterly dividend, which has grown at a compound annual rate of 18 percent over that 33 year period.
Eaton Vance Corp. is one of the oldest investment management firms in the United States, with a history dating from 1924. Eaton Vance and its affiliates managed $273.1 billion in assets as of September 30, 2013, offering individuals and institutions a broad array of investment strategies and wealth management solutions. The Company's long record of exemplary service, timely innovation and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today's most discerning investors. For more information, visit www.eatonvance.com.
SOURCE Eaton Vance Corp.