Eaton Vance Michigan Municipal Bond Fund (NYSEMKT:MIW) announced a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, October 24th will be paid a dividend of 0.0475 per share on Tuesday, October 31st. This represents a $0.57 dividend on an annualized basis and a dividend yield of 4.13%. The ex-dividend date of this dividend is Monday, October 23rd.

Eaton Vance Michigan Municipal Bond Fund (NYSEMKT:MIW) traded up 0.29% during mid-day trading on Tuesday, reaching $13.83. 4,104 shares of the company traded hands. The company’s 50 day moving average price is $13.85 and its 200 day moving average price is $13.76. Eaton Vance Michigan Municipal Bond Fund has a 12-month low of $12.34 and a 12-month high of $14.96.

TRADEMARK VIOLATION NOTICE: “Eaton Vance Michigan Municipal Bond Fund (MIW) Declares Monthly Dividend of $0.05” was posted by American Banking News and is owned by of American Banking News. If you are viewing this story on another site, it was copied illegally and republished in violation of US and international trademark & copyright law. The correct version of this story can be read at https://www.americanbankingnews.com/2017/10/03/eaton-vance-michigan-municipal-bond-fund-miw-declares-monthly-dividend-of-0-05-2.html.

About Eaton Vance Michigan Municipal Bond Fund

Eaton Vance Michigan Municipal Bond Fund is a non-diversified, closed-end management investment company. The Fund’s investment objective is to provide current income exempt from regular federal income tax, including alternative minimum tax, and, in state specific funds, taxes in its specified state. The Fund invests in various sectors, including education, electric utilities, insured-education, general obligations, insured-electric utilities, insured-general obligations, hospital, insured-bond bank, insured escrowed/prerefunded, and water and sewer industries.

Dividend History for Eaton Vance Michigan Municipal Bond Fund (NYSEMKT:MIW)

Receive News & Ratings for Eaton Vance Michigan Municipal Bond Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eaton Vance Michigan Municipal Bond Fund and related companies with MarketBeat.com's FREE daily email newsletter.