Investment manager Eaton Vance (EV) will raise its quarterly dividend by 10.7 percent to $0.31 per share in the fourth quarter of 2017. This marks the 37th consecutive year of dividend increases by the company.

The increased dividend is payable November 15, 2017, to shareholders of record on October 31, 2017. The ex-date for this next dividend of 31 cents per share for Eaton Vance is October 30, 2017.

Eaton Vance Corp., whose history dates back to 1924, manages investment funds and provides investment management and advisory services to high-net-worth individuals and institutions globally. The company operates offices in North America, Europe, Asia and Australia, Eaton Vance and its affiliates manages assets for individuals and institutions through investment strategies and wealth management solutions. Eaton Vance affiliates include EVM, Parametric, Atlanta Capital, Hexavest and Calvert.