Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM – Get Free Report) announced a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Stockholders of record on Tuesday, April 15th will be paid a dividend of 0.0508 per share on Wednesday, April 30th. This represents a $0.61 annualized dividend and a dividend yield of 6.10%. The ex-dividend date of this dividend is Tuesday, April 15th.
Eaton Vance Municipal Bond Fund has decreased its dividend payment by an average of 0.3% per year over the last three years.
Eaton Vance Municipal Bond Fund Stock Performance
Shares of EIM traded down $0.02 during midday trading on Wednesday, hitting $10.00. The company had a trading volume of 94,471 shares, compared to its average volume of 155,979. Eaton Vance Municipal Bond Fund has a 1 year low of $9.88 and a 1 year high of $10.93. The company has a 50-day moving average price of $10.13.
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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