BOSTON, July 13, 2011 /PRNewswire/ — The Board of Directors of Eaton Vance Corp. (NYSE: EV) today declared a quarterly dividend of $0.18 per share on its common stock. The dividend is payable August 12, 2011 to shareholders of record on July 29, 2011.

The Board also authorized the repurchase of up to 8.0 million shares of the Company’s non-voting common stock. Today’s authorization replaces the January 15, 2010 authorization under which the Company repurchased 6.7 million shares.

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 $200.0 billion in assets as of June 30, 2011, offering individuals and institutions a broad array of investment strategies 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.