Eaton Vance New York Municipal Bond Fund (NYSE:ENX) Increases Dividend to $0.04 Per Share

Eaton Vance New York Municipal Bond Fund (NYSE:ENX) announced a monthly dividend on Monday, July 1st, Wall Street Journal reports. Shareholders of record on Tuesday, July 23rd will be paid a dividend of 0.0417 per share on Wednesday, July 31st. This represents a $0.50 annualized dividend and a yield of 5.05%. The ex-dividend date of this dividend is Tuesday, July 23rd. This is an increase from Eaton Vance New York Municipal Bond Fund’s previous monthly dividend of $0.04.

Eaton Vance New York Municipal Bond Fund has decreased its dividend by an average of 10.6% annually over the last three years.

Eaton Vance New York Municipal Bond Fund Trading Up 0.5 %

NYSE:ENX traded up $0.05 during trading hours on Wednesday, reaching $9.91. 10,913 shares of the stock were exchanged, compared to its average volume of 20,688. Eaton Vance New York Municipal Bond Fund has a 52 week low of $7.84 and a 52 week high of $10.07. The firm has a 50 day simple moving average of $9.77 and a 200-day simple moving average of $9.67.

Eaton Vance New York Municipal Bond Fund Company Profile

Eaton Vance New York 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.