Eaton Vance New York Municipal Bond Fund Declares Monthly Dividend of $0.04 (NYSE:ENX)

Eaton Vance New York Municipal Bond Fund (NYSE:ENX) declared a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Stockholders of record on Tuesday, April 15th will be given a dividend of 0.0417 per share on Wednesday, April 30th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 5.21%. The ex-dividend date of this dividend is Tuesday, April 15th.

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

Eaton Vance New York Municipal Bond Fund Price Performance

ENX stock remained flat at $9.60 during mid-day trading on Wednesday. The company’s stock had a trading volume of 10,678 shares, compared to its average volume of 30,162. Eaton Vance New York Municipal Bond Fund has a 12 month low of $9.27 and a 12 month high of $10.14. The business’s fifty day moving average price is $9.71 and its two-hundred day moving average price is $9.66.

Insider Buying and Selling

In related news, major shareholder Saba Capital Management, L.P. bought 4,084 shares of the firm’s stock in a transaction on Thursday, January 30th. The stock was purchased at an average price of $9.61 per share, with a total value of $39,247.24. Following the completion of the transaction, the insider now directly owns 3,356,192 shares of the company’s stock, valued at $32,253,005.12. This trade represents a 0.12 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Over the last three months, insiders acquired 137,173 shares of company stock worth $1,323,933.

About Eaton Vance New York Municipal Bond Fund

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.