BOSTON, Oct. 20 /PRNewswire-FirstCall/ -- The Board of Directors of Eaton Vance Corp. (NYSE: EV) today declared a quarterly dividend of $0.18 per share on its common stock, an increase of 12.5 percent over the previous $0.16 per share quarterly dividend. The dividend is payable November 10, 2010 to shareholders of record on October 29, 2010.
This dividend increase marks the 30th consecutive fiscal year that the Company has raised its dividend and equates to a compound annual dividend growth rate of 20 percent over that period.
Eaton Vance Corp. is one of the oldest investment management firms in the United States, with a history dating back to 1924. Eaton Vance and its affiliates managed $180.7 billion in assets as of September 30, 2010, offering individuals and institutions a broad array of investment products and wealth management solutions. The Company's long record of providing exemplary service 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 about Eaton Vance, visit www.eatonvance.com.
SOURCE Eaton Vance Corp.