During the past 8 years, the highest Dividend Payout Ratio of Eaton Vance Michigan Muniome Trust was 11.73. The lowest was 0.29. And the median was 0.66.
During the past 12 months, Eaton Vance Michigan Muniome Trust's average Dividends Per Share Growth Rate was -5.30% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -12.10% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -10.10% per year.
During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of Eaton Vance Michigan Muniome Trust was -2.70% per year. The lowest was -14.30% per year. And the median was -5.30% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Eaton Vance Michigan Muniome Trust Dividend Yield % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Asset Management subindustry, Eaton Vance Michigan Muniome Trust's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Eaton Vance Michigan Muniome Trust's Dividend Yield % Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Eaton Vance Michigan Muniome Trust's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Eaton Vance Michigan Muniome Trust's Dividend Yield % falls into.
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Eaton Vance Michigan Muniome Trust Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Eaton Vance Michigan Muniome Trust's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Eaton Vance Michigan Muni Income Trust is a non-diversified closed-end investment company. The Company's investment objective is to provide current income exempt from regular federal income tax and taxes in its specified state.
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