Eaton Vance New York Municipal Bond Fund to Issue Monthly Dividend of $0.04 (NYSE:ENX)

Eaton Vance New York Municipal Bond Fund (NYSE:ENX) declared a monthly dividend on Thursday, May 2nd, Wall Street Journal reports. Shareholders of record on Friday, May 24th will be given a dividend of 0.0394 per share on Friday, May 31st. This represents a $0.47 annualized dividend and a dividend yield of 5.00%. The ex-dividend date of this dividend is Thursday, May 23rd.

Eaton Vance New York Municipal Bond Fund has decreased its dividend payment by an average of 10.6% per year over the last three years and has raised its dividend every year for the last 1 years.

Eaton Vance New York Municipal Bond Fund Price Performance

Shares of NYSE ENX traded down $0.05 during midday trading on Thursday, reaching $9.45. 32,311 shares of the company’s stock traded hands, compared to its average volume of 22,460. The stock’s 50 day simple moving average is $9.56 and its 200-day simple moving average is $9.74. Eaton Vance New York Municipal Bond Fund has a one year low of $7.84 and a one year high of $10.07.

Eaton Vance New York Municipal Bond Fund Company Profile

Eaton Vance New York Municipal Bond Fund is a close-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income market of United States. It invests primarily in high grade municipal obligations comprising of various industries, such as general obligations, hospital, electric utilities, transportation, water and sewer, public education, and private education.