Economia

Eaton Vance Municipal Bond Fund (EIM) Declares Monthly Dividend of $0.05

Eaton Vance Municipal Bond Fund (EIM) Declares Monthly Dividend of $0.05

Investors of record on Thursday, August 24th will be given a dividend of 0.084 per share by the investment management company on Thursday, August 31st. Schroder Investment Management Group now owns 802,743 shares of the asset manager's stock worth $36,035,000 after buying an additional 312,456 shares during the period. Eaton Vance Ltd Duration Income Fund has a 1-year low of $12.82 and a 1-year high of $14.29. This represents a $0.97 dividend on an annualized basis and a yield of 6.97%. Eaton Vance Corporation's dividend payout ratio (DPR) is now 49.34%. Keefe, Bruyette & Woods reiterated a "hold" rating and set a $50.00 price target on shares of Eaton Vance Corporation in a research report on Tuesday, May 23rd. Alpha Cubed Investments LLC now owns 64,813 shares of the financial services provider's stock worth $594,000 after buying an additional 40,325 shares in the last quarter. The firm has a 50-day moving average of $11.49 and a 200 day moving average of $11.23. During the same period in the prior year, the company earned $0.48 earnings per share. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. TrimTabs Asset Management LLC boosted its position in Eaton Vance Corporation by 88.8% in the first quarter.

The business also recently disclosed a monthly dividend, which will be paid on Thursday, August 31st. Bank of Montreal Can raised its position in Eaton Vance Corporation by 1.0% in the first quarter. Analysts forecast that Eaton Vance Corporation will post $2.55 EPS for the current year. HighTower Advisors LLC now owns 166,598 shares of the asset manager's stock worth $7,426,000 after buying an additional 7,172 shares during the period. The ex-dividend date of this dividend is Thursday, July 27th. Eaton Vance Corporation's payout ratio is now 49.34%.

ILLEGAL ACTIVITY WARNING: "Connable Office Inc". Finally, Old Mutual Global Investors UK Ltd. boosted its position in Eaton Vance Corporation by 177.5% in the second quarter. If you are accessing this news story on another site, it was copied illegally and reposted in violation of United States and worldwide trademark & copyright laws. BlackRock Inc. now owns 10,878,915 shares of the asset manager's stock worth $489,118,000 after buying an additional 10,568,715 shares during the period. The legal version of this news story can be viewed at https://theolympiareport.com/2017/08/12/eaton-vance-corporation-nyseev-downgraded-to-hold-at-zacks-investment-research.html. Following the transaction, the director now owns 14,473 shares of the company's stock, valued at approximately $701,361.58. The stock was sold at an average price of $48.08, for a total value of $1,923,200.00. The shares were sold at an average price of $48.46, for a total value of $124,202.98. Following the transaction, the insider now directly owns 343,509 shares in the company, valued at approximately $16,591,484.70. Also, Director Dorothy E. Puhy sold 2,563 shares of the stock in a transaction dated Tuesday, June 6th. The disclosure for this sale can be found here.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Insiders have sold a total of 127,943 shares of company stock valued at $6,149,649 in the last quarter. Nordea Investment Management AB now owns 3,341 shares of the asset manager's stock worth $150,000 after buying an additional 1,900 shares during the last quarter.

Eaton Vance Limited Duration Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund holds investments in various sectors, such as aerospace and defense, auto components, banks, beverages, biotechnology, capital markets, chemicals, diversified telecommunication services, electric utilities, electrical equipment, equity real estate investment trusts, food products, healthcare equipment and supplies, household durables, household products, insurance, Internet and direct marketing retail, Internet software and services, information technology services, machinery, media, metals and mining, multi-utilities, personal products, pharmaceuticals, professional services, road and rail, specialty retail, tobacco and wireless telecommunication services. The Company, through its subsidiaries and other affiliates, manages active equity, income and alternative strategies across a range of investment styles and asset classes, including the United States and global equities, floating-rate bank loans, municipal bonds, global income, high-yield and investment grade bonds.