Eaton Vance Michigan Municipal Bond Fund Announces Monthly Dividend of $0.05 (MIW)

Eaton Vance Michigan Municipal Bond Fund (NYSEAMERICAN:MIW) announced a monthly dividend on Monday, November 5th, Wall Street Journal reports. Investors of record on Friday, November 23rd will be paid a dividend of 0.0475 per share on Friday, November 30th. This represents a $0.57 annualized dividend and a dividend yield of 4.67%. The ex-dividend date is Wednesday, November 21st.

Eaton Vance Michigan Municipal Bond Fund has decreased its dividend payment by an average of 8.0% per year over the last three years.

Shares of NYSEAMERICAN MIW opened at $12.20 on Tuesday. Eaton Vance Michigan Municipal Bond Fund has a 52 week low of $12.16 and a 52 week high of $14.39.

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About Eaton Vance Michigan Municipal Bond Fund

Eaton Vance Michigan Municipal Bond Fund is a close-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income market of United States. It invests primarily in high grade municipal obligations comprising of various industries, such as general obligations, hospital, electric utilities, transportation, water and sewer, public education, and private education.

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

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