Eaton Vance Municipal Bond Fund Plans Monthly Dividend of $0.05 (EIM)
Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) declared a monthly dividend on Monday, December 4th, Wall Street Journal reports. Stockholders of record on Friday, December 22nd will be paid a dividend of 0.0521 per share on Friday, December 29th. This represents a $0.63 annualized dividend and a dividend yield of 5.00%. The ex-dividend date is Thursday, December 21st.
Shares of Eaton Vance Municipal Bond Fund (EIM) traded down $0.05 during trading hours on Monday, hitting $12.50. 206,466 shares of the stock traded hands, compared to its average volume of 126,167. Eaton Vance Municipal Bond Fund has a 52-week low of $12.00 and a 52-week high of $12.99.
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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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