Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM – Get Free Report) declared a monthly dividend on Friday, November 1st,Wall Street Journal reports. Shareholders of record on Thursday, November 21st will be paid a dividend of 0.0508 per share on Friday, November 29th. This represents a $0.61 dividend on an annualized basis and a yield of 5.85%. The ex-dividend date of this dividend is Thursday, November 21st.
Eaton Vance Municipal Bond Fund has decreased its dividend payment by an average of 10.9% per year over the last three years.
Eaton Vance Municipal Bond Fund Stock Down 0.3 %
Shares of EIM opened at $10.42 on Tuesday. Eaton Vance Municipal Bond Fund has a fifty-two week low of $9.52 and a fifty-two week high of $10.93.
About Eaton Vance Municipal Bond Fund
Eaton Vance Municipal Bond Fund is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests primarily in high grade municipal obligations. The fund's investment portfolio primarily includes investments in companies operating in the transportation, water and sewer, and electric utilities sectors.
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