Eaton Vance Michigan Municipal Bond Fund (MIW) Plans $0.05 Monthly Dividend
Eaton Vance Michigan Municipal Bond Fund (NYSEMKT:MIW) declared a monthly dividend on Tuesday, September 5th, Wall Street Journal reports. Investors of record on Friday, September 22nd will be given a dividend of 0.0475 per share on Friday, September 29th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 4.11%. The ex-dividend date of this dividend is Thursday, September 21st.
Eaton Vance Michigan Municipal Bond Fund (MIW) traded up 0.29% during trading on Wednesday, hitting $13.92. 845 shares of the company were exchanged. Eaton Vance Michigan Municipal Bond Fund has a 1-year low of $12.34 and a 1-year high of $15.52. The firm’s 50 day moving average price is $13.84 and its 200-day moving average price is $13.68.
Eaton Vance Michigan Municipal Bond Fund Company Profile
Eaton Vance Michigan Municipal Bond Fund is a non-diversified, closed-end management investment company. The Fund’s investment objective is to provide current income exempt from regular federal income tax, including alternative minimum tax, and, in state specific funds, taxes in its specified state. The Fund invests in various sectors, including education, electric utilities, insured-education, general obligations, insured-electric utilities, insured-general obligations, hospital, insured-bond bank, insured escrowed/prerefunded, and water and sewer industries.
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