Eaton Vance Municipal Bond Fund (EIM) Announces $0.05 Monthly Dividend
Eaton Vance Municipal Bond Fund (NYSE:EIM) announced a monthly dividend on Tuesday, October 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, October 24th will be paid a dividend of 0.0521 per share on Tuesday, October 31st. This represents a $0.63 dividend on an annualized basis and a dividend yield of 4.95%. The ex-dividend date is Monday, October 23rd.
Eaton Vance Municipal Bond Fund has decreased its dividend payment by an average of 3.0% annually over the last three years.
Eaton Vance Municipal Bond Fund (EIM) traded down 0.08% on Tuesday, hitting $12.67. 120,476 shares of the stock were exchanged. The company’s 50 day moving average is $12.87 and its 200 day moving average is $12.71. Eaton Vance Municipal Bond Fund has a 1-year low of $12.00 and a 1-year high of $13.61.
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Eaton Vance Municipal Bond Fund Company Profile
Eaton Vance 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 primarily in debt securities issued by municipalities.
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