Eaton Vance Municipal Bond Fund to Issue Monthly Dividend of $0.05 (NYSEAMERICAN:EIM)

Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) announced a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Shareholders 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 dividend on an annualized basis and a dividend yield of 6.10%. The ex-dividend date is Tuesday, April 15th.

Eaton Vance Municipal Bond Fund has decreased its dividend by an average of 0.3% annually over the last three years.

Eaton Vance Municipal Bond Fund Stock Performance

Shares of EIM stock traded down $0.02 during trading hours on Wednesday, hitting $10.00. The company had a trading volume of 94,471 shares, compared to its average volume of 155,979. The business’s fifty day moving average is $10.13. Eaton Vance Municipal Bond Fund has a fifty-two week low of $9.88 and a fifty-two week high of $10.93.

Eaton Vance Municipal Bond Fund Company Profile

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.