Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) Plans $0.05 Monthly Dividend

Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) declared a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Shareholders of record on Friday, March 14th will be paid a dividend of 0.0508 per share on Monday, March 31st. This represents a $0.61 dividend on an annualized basis and a dividend yield of 5.95%. The ex-dividend date is Friday, March 14th.

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 Price Performance

Shares of Eaton Vance Municipal Bond Fund stock traded down $0.02 during mid-day trading on Tuesday, reaching $10.25. 100,534 shares of the stock traded hands, compared to its average volume of 159,735. Eaton Vance Municipal Bond Fund has a fifty-two week low of $9.89 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.