Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) declared a monthly dividend on Tuesday, April 2nd, Wall Street Journal reports. Investors of record on Tuesday, April 23rd will be paid a dividend of 0.0429 per share on Tuesday, April 30th. This represents a $0.51 annualized dividend and a yield of 4.17%. The ex-dividend date is Monday, April 22nd.
Eaton Vance Municipal Bond Fund has decreased its dividend payment by an average of 7.1% per year over the last three years.
EIM traded down $0.01 during trading on Wednesday, hitting $12.34. The stock had a trading volume of 362 shares, compared to its average volume of 199,963. Eaton Vance Municipal Bond Fund has a 12 month low of $10.90 and a 12 month high of $12.45.
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.
Further Reading: Yield Curve
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