BOSTON, Jan. 15 /PRNewswire-FirstCall/ -- The Board of Directors of Eaton Vance Corp. (NYSE: EV) today declared a quarterly dividend of $0.16 per share on its common stock. The dividend is payable February 12, 2010 to shareholders of record on January 29, 2010.

The Board also authorized the repurchase of up to 8.0 million shares of the Company's non-voting common stock. The Company repurchased 7.3 million shares under its 8.0 million share repurchase authorization of October 24, 2007.

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 $163.1 billion in assets as of December 31, 2009, 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.