Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM – Get Free Report) declared a monthly dividend on Tuesday, October 1st, Wall Street Journal reports. Shareholders of record on Wednesday, October 23rd will be given a dividend of 0.0508 per share on Thursday, October 31st. This represents a $0.61 annualized dividend and a dividend yield of 5.66%. The ex-dividend date is Wednesday, October 23rd.
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 Performance
EIM stock opened at $10.77 on Monday. Eaton Vance Municipal Bond Fund has a 12-month low of $8.61 and a 12-month 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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