BOSTON, Dec. 4, 2012 /PRNewswire/ -- The Board of
Directors of Eaton Vance Corp. (NYSE: EV) declared today a regular
quarterly dividend of $0.20 per share
on its common stock, payable on December 20,
2012 to shareholders of record on December 17, 2012.
The Board of Directors also declared today a special dividend of
$1.00 per share, payable on
December 20, 2012 to shareholders of
record on December 14, 2012.
Although payment of the special dividend has no effect on net
income attributable to Eaton Vance Corp. shareholders, it is
expected to reduce earnings per diluted share by approximately
$0.02 in the first quarter of fiscal
2013 due to the application of the two-class method of calculating
earnings per share, as required by accounting principles generally
accepted in the United States of
America.
Eaton Vance Corp. is one of the oldest investment management
firms in the United States, with a
history dating to 1924. Eaton Vance and its affiliates managed
$199.5 billion in assets as of
October 31, 2012, 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
www.eatonvance.com.
SOURCE Eaton Vance Corp.