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

Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) declared a monthly dividend on Tuesday, February 4th,Wall Street Journal reports. Stockholders of record on Friday, February 14th will be given a dividend of 0.0508 per share on Friday, February 28th. This represents a $0.61 annualized dividend and a dividend yield of 5.93%. The ex-dividend date of this dividend is Friday, February 14th.

Eaton Vance Municipal Bond Fund has decreased its dividend payment by an average of 0.5% per year over the last three years.

Eaton Vance Municipal Bond Fund Trading Up 0.3 %

Eaton Vance Municipal Bond Fund stock traded up $0.03 during mid-day trading on Tuesday, reaching $10.28. 125,788 shares of the stock traded hands, compared to its average volume of 166,849. Eaton Vance Municipal Bond Fund has a 12-month low of $9.89 and a 12-month 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.