Eaton Vance Municipal Bond Fund (EIM) to Issue Monthly Dividend of $0.04 on March 29th

Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) announced a monthly dividend on Monday, March 4th, Wall Street Journal reports. Shareholders of record on Thursday, March 21st will be paid a dividend of 0.0429 per share on Friday, March 29th. This represents a $0.51 annualized dividend and a yield of 4.23%. The ex-dividend date is Wednesday, March 20th.

Eaton Vance Municipal Bond Fund has decreased its dividend payment by an average of 7.1% annually over the last three years.

Shares of NYSEAMERICAN EIM opened at $12.17 on Friday. Eaton Vance Municipal Bond Fund has a 1-year low of $10.90 and a 1-year high of $12.21.

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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.

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Dividend History for Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM)

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