BOSTON, Oct. 12, 2017 /PRNewswire/ -- The Board of Directors of Eaton Vance Corp. (NYSE: EV) today declared a quarterly dividend of $0.31 per share on its common stock. The new quarterly rate represents an increase of 10.7 percent over the $0.28 per share declared in the Company's third fiscal quarter.
The dividend is payable November 15, 2017, to shareholders of record on October 31, 2017. The increase marks the 37th consecutive fiscal year that the Company has raised its regular quarterly dividend, which has grown at a compound annual rate of 17 percent over that period.
Eaton Vance is a leading global asset manager whose history dates to 1924. With offices in North America, Europe, Asia and Australia, Eaton Vance and its affiliates managed $405.6 billion in assets as of July 31, 2017, offering individuals and institutions a broad array of investment strategies and wealth management solutions. The Company's long record of providing 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 about Eaton Vance, visit eatonvance.com.
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SOURCE Eaton Vance Corp.