Eaton Vance Michigan Municipal Bond Fund (NYSEAMERICAN:MIW) announced a monthly dividend on Friday, February 2nd, Wall Street Journal reports. Stockholders of record on Wednesday, February 21st will be paid a dividend of 0.0475 per share on Wednesday, February 28th. This represents a $0.57 annualized dividend and a dividend yield of 4.35%. The ex-dividend date of this dividend is Tuesday, February 20th.
Shares of Eaton Vance Michigan Municipal Bond Fund (NYSEAMERICAN MIW) opened at $13.10 on Monday. Eaton Vance Michigan Municipal Bond Fund has a 52 week low of $12.69 and a 52 week high of $14.39.
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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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