Eaton Vance Michigan Municipal Bond Fund (Eaton Vance Michigan Municipal Bond Fund) Forward Dividend Yield % : 4.94% (As of Apr. 26, 2024)

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What is Eaton Vance Michigan Municipal Bond Fund Forward Dividend Yield %?

As of today (2024-04-26), the Forward Annual Dividend Yield of Eaton Vance Michigan Municipal Bond Fund is 4.94%.

As of today (2024-04-26), the Trailing Annual Dividend Yield of Eaton Vance Michigan Municipal Bond Fund is 4.58%.

MIW's Forward Dividend Yield % is not ranked
in the Asset Management industry.
Industry Median: 5.9 vs MIW: 4.94

Eaton Vance Michigan Municipal Bond Fund's Dividends per Share for the six months ended in Sep. 2018 was $0.29.

During the past 12 months, Eaton Vance Michigan Municipal Bond Fund's average Dividends Per Share Growth Rate was -16.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -9.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -8.00% per year.

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Eaton Vance Michigan Municipal Bond Fund was -3.60% per year. The lowest was -9.40% per year. And the median was -5.90% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Competitive Comparison of Eaton Vance Michigan Municipal Bond Fund's Forward Dividend Yield %

For the Asset Management subindustry, Eaton Vance Michigan Municipal Bond Fund's Forward Dividend Yield %, along with its competitors' market caps and Forward 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 Municipal Bond Fund's Forward Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance Michigan Municipal Bond Fund's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Eaton Vance Michigan Municipal Bond Fund's Forward Dividend Yield % falls into.

Eaton Vance Michigan Municipal Bond Fund Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Eaton Vance Michigan Municipal Bond Fund (AMEX:MIW) Forward Dividend Yield % Explanation

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Eaton Vance Michigan Municipal Bond Fund Forward Dividend Yield % Related Terms

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Eaton Vance Michigan Municipal Bond Fund (Eaton Vance Michigan Municipal Bond Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Eaton Vance Michigan Municipal Bond Fund (AMEX:MIW) » Definitions » Forward Dividend Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

https://www.eatonvance.com

Eaton Vance Michigan Municipal Bond Fund is a non-diversified, closed-end management investment company. The fund's investment objective is to provide current income exempt from regular federal income tax, including alternative minimum tax, and, in state-specific funds, taxes in its specified state. The company invests in various sectors, including education, electric utilities, insured-education, general obligations, insured-electric utilities, insured-general obligations, hospital, insured-bond bank, insured escrowed/pre-refunded, and water and sewer industries.

Executives

Marcus L. Smith	other: Trustee	555 17TH STREET, SUITE 3700, DCT INDUSTRIAL TRUST INC., DENVER CO 80202
Keith Quinton	other: Trustee	TWO INTERNATIONAL PLACE, BOSTON MA 02110
Bank Of America Corp /de/	10 percent owner	BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Blue Ridge Investments, L.l.c.	10 percent owner	ONE BRYANT PARK, NEW YORK NY 10036
Froio Richard F Sr	officer: Chief Compliance Officer	C/O BISYS FUND SERVICES, 60 STATE ST., BOSTON MA 02129
Scott E Wennerholm	other: Trustee	TWO INTERNATIONAL PLACE, BOSTON MA 02110
Mark R Fetting	other: Trustee	LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Laurie G Hylton	officer: Chief Financial Officer	255 STATE STREET, BOSTON MA 02109
Group Ag Ubs	other: Former 10% Owner	BAHNHOFSTRASSE 45, ZURICH V8 CH-8001
Susan J Sutherland	other: Trustee	MONTPELIER HOUSE, 94 PITTS BAY ROAD, HAMILTON D0 HM 08
George J. Gorman	other: Trustee	TWO INTERNATIONAL PLACE, BOSTON MA 02110
Cynthia Frost	other: Trustee	TWO INTERNATIONAL PLACE, BOSTON MA 02148
Lynn A Stout	director	C/O EATON VANCE, THE EATON VANCE BLDG., 255 STATE ST., BOSTON MA 02109
Valerie Mosley	other: Trustee	TWO INTERNATIONAL PLACE, BOSTON MA 02110
James F Kirchner	officer: Treasurer	TWO INTERNATIONAL PLACE, BOSTON MA 02110

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