Eaton Vance Municipal Bond Fund
EIMFinancial Services · Stock · monthly payer
$9.76
Add to PortfolioForward Yield
6.18%
Annual Dividend
$0.61
Payout Ratio
265%
5-Yr Growth
0.4%
Ex-Date
May 15, 2026
Frequency
Monthly
EIM Dividend Safety Score
52/ 100
Grade C
Borderline
Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage265% of earnings paid out
Balance-sheet strengthDebt/equity of 0.54
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is EIM a good dividend stock?
MixedEaton Vance Municipal Bond Fund (EIM) pays a monthly dividend yielding 6.18% ($0.61/yr), with 2 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2023
- Elevated payout ratio (265%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 6.18%
- Payout Ratio
- 265%
- Annual Dividend
- $0.61
- 5-Yr Avg Growth
- 0.4%
- Ex-Dividend Date
- May 15, 2026
- Years of Growth
- 2
- Frequency
- monthly
- Beta
- 0.53
- Market Cap
- $501.4M
- P/E Ratio
- 42.4
- 5-Yr Total Return
- -29%
- 52-Week Range
- $9.41 – $10.54
- Dividend Safety
- C · 52/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 15, 2026 | — | $0.0510 | regular |
| Apr 15, 2026 | — | $0.0510 | regular |
| Mar 16, 2026 | — | $0.0510 | regular |
| Feb 17, 2026 | — | $0.0510 | regular |
| Jan 15, 2026 | — | $0.0510 | regular |
| Dec 15, 2025 | — | $0.0510 | regular |
| Nov 14, 2025 | — | $0.0510 | regular |
| Oct 15, 2025 | — | $0.0510 | regular |
| Sep 15, 2025 | — | $0.0510 | regular |
| Aug 15, 2025 | — | $0.0510 | regular |
| Jul 15, 2025 | — | $0.0510 | regular |
| Jun 16, 2025 | — | $0.0510 | regular |
| May 15, 2025 | — | $0.0510 | regular |
| Apr 15, 2025 | — | $0.0510 | regular |
Income Calculator
At $0.61 / yr per share
Per payment (monthly)$5.08
Annual$61.00
Monthly avg$5.08
