Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM – Get Free Report) announced a monthly dividend on Monday, July 1st, Wall Street Journal reports. Stockholders of record on Tuesday, July 23rd will be paid a dividend of 0.0508 per share on Wednesday, July 31st. This represents a $0.61 annualized dividend and a dividend yield of 5.71%. The ex-dividend date of this dividend is Tuesday, July 23rd. This is an increase from Eaton Vance Municipal Bond Fund’s previous monthly dividend of $0.05.
Eaton Vance Municipal Bond Fund has decreased its dividend payment by an average of 10.9% annually over the last three years.
Eaton Vance Municipal Bond Fund Price Performance
Shares of EIM stock traded up $0.09 on Wednesday, reaching $10.68. The company’s stock had a trading volume of 102,793 shares, compared to its average volume of 173,833. Eaton Vance Municipal Bond Fund has a 1 year low of $8.61 and a 1 year high of $10.71.
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.
Read More
- Five stocks we like better than Eaton Vance Municipal Bond Fund
- Investing in the High PE Growth Stocks
- AbbVie Stock: A Perfect Dip for Investors to Buy
- EV Stocks and How to Profit from Them
- Forget NVIDIA: Super Micro Computer Stock Leads in Momentum
- What is a Stock Market Index and How Do You Use Them?
- GitLab Stock Rebounds: The Inside Story of Its Comeback
Receive News & Ratings for Eaton Vance Municipal Bond Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eaton Vance Municipal Bond Fund and related companies with MarketBeat.com's FREE daily email newsletter.