EIM (Eaton Vance Municipal Bond Fund) Dividend Payout Ratio: 3.39 (As of Mar. 2026) — 371% Above Median

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EIM Eaton Vance Municipal Bond Fund EIM
30 GF Score
Price $9.58
! 3 Warning Signs
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What is Eaton Vance Municipal Bond Fund Dividend Payout Ratio?

Eaton Vance Municipal Bond Fund EIM -0.52% 30 Dividend Payout Ratio is 3.39 as of Mar. 2026, which is 371% above its 10-year median of 0.72. GuruFocus rates EIM with a GF Score™ of 30/100. The stock has 3 warning signs investors should review. Among 938 Asset Management companies, Eaton Vance Municipal Bond Fund ranks worse than 93.6% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Eaton Vance Municipal Bond Fund's Dividend Payout Ratio for the months ended in Mar. 2026 was 3.39.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Eaton Vance Municipal Bond Fund is 2.88, which seems too high.

The historical rank and industry rank for Eaton Vance Municipal Bond Fund's Dividend Payout Ratio or its related term are showing as below:

EIM' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.72   Max: 4.46
Current: 2.88

During the past 13 years, the highest Dividend Payout Ratio of Eaton Vance Municipal Bond Fund was 4.46. The lowest was 0.34. And the median was 0.72.

EIM's Dividend Payout Ratio is ranked worse than
93.6% of 938 companies
in the Asset Management industry
Industry Median: 0.67 vs EIM: 2.88

As of today (2026-08-19), the Dividend Yield % of Eaton Vance Municipal Bond Fund is 6.38%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Eaton Vance Municipal Bond Fund was 6.41%. The lowest was 3.84%. And the median was 4.99%.

Eaton Vance Municipal Bond Fund's Dividends per Share for the months ended in Mar. 2026 was $0.31.

During the past 12 months, Eaton Vance Municipal Bond Fund's average Dividends Per Share Growth Rate was 2.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -0.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -2.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Eaton Vance Municipal Bond Fund was 3.60% per year. The lowest was -9.40% per year. And the median was -4.40% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Eaton Vance Municipal Bond Fund (AMEX:EIM) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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 Municipal Bond Fund Dividend Payout Ratio Related Terms

Eaton Vance Municipal Bond Fund Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Eaton Vance Municipal Bond Fund's Dividend Payout Ratio can be seen below:

* 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.

Eaton Vance Municipal Bond Fund Dividend Payout Ratio Chart

Eaton Vance Municipal Bond Fund Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.20 0.00 4.46 0.36 0.00

Eaton Vance Municipal Bond Fund Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.22 0.79 0.00 2.50 3.39

EIM vs ETO, BLW, TWN: Dividend Payout Ratio Comparison

For the Asset Management subindustry, Eaton Vance Municipal Bond Fund's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Municipal Bond Fund Dividend Payout Ratio vs Asset Management Industry

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

* The bar in red indicates where Eaton Vance Municipal Bond Fund's Dividend Payout Ratio falls into.


EIM
30GF Score
Eaton Vance Municipal Bond Fund EIM
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Eaton Vance Municipal Bond Fund Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Eaton Vance Municipal Bond Fund's Dividend Payout Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Sep. 2025 )/ EPS without NRI (A: Sep. 2025 )
=0.61/ -0.3
=N/A

Eaton Vance Municipal Bond Fund's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0.305/ 0.09
=3.39

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 3.39 mean?
Eaton Vance Municipal Bond Fund (EIM) has a Dividend Payout Ratio of 3.39 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Eaton Vance Municipal Bond Fund and its competitors. This is 371% above median its historical median of 0.72. Over the past decade, Eaton Vance Municipal Bond Fund's Dividend Payout Ratio has ranged from 0.34 to 4.46. According to the industry distribution chart, Eaton Vance Municipal Bond Fund ranks #878 out of 938 companies in the Asset Management industry, placing it in the top 93.6%.
Is Eaton Vance Municipal Bond Fund's Dividend Payout Ratio too high?
Eaton Vance Municipal Bond Fund's current Dividend Payout Ratio of 3.39 is 371% above median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 4.46. The Asset Management industry median Dividend Payout Ratio is 0.67. Eaton Vance Municipal Bond Fund's value of 3.39 is 406% above this industry median. Based on the distribution chart, Eaton Vance Municipal Bond Fund ranks #878 out of 938 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Eaton Vance Municipal Bond Fund has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Eaton Vance Municipal Bond Fund's Dividend Payout Ratio compare to ETO and BLW?
According to the Asset Management industry distribution chart, Eaton Vance Municipal Bond Fund ranks #878 out of 938 companies for Dividend Payout Ratio. This places Eaton Vance Municipal Bond Fund in the lower half of its industry. The industry median Dividend Payout Ratio is 0.67. Eaton Vance Municipal Bond Fund's value of 3.39 is 406% above this benchmark. Historically, Eaton Vance Municipal Bond Fund's own Dividend Payout Ratio has ranged from 0.34 to 4.46 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 0.67, Eaton Vance Municipal Bond Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Asset Management company?
The median Dividend Payout Ratio among Asset Management companies is 0.67, based on 938 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Eaton Vance Municipal Bond Fund's current Dividend Payout Ratio of 3.39 is 406% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Eaton Vance Municipal Bond Fund and its competitors. For the Asset Management industry, the median Dividend Payout Ratio is 0.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eaton Vance Municipal Bond Fund's current Dividend Payout Ratio is 3.39, which is 371% above median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eaton Vance Municipal Bond Fund stock overvalued right now?
Eaton Vance Municipal Bond Fund (EIM) has a current Dividend Payout Ratio of 3.39. The current Dividend Payout Ratio is 3.39, which is 371% above median its 10-year median of 0.72 and 406% above the Asset Management industry median of 0.67. Eaton Vance Municipal Bond Fund's overall GF Score™ is 30/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Eaton Vance Municipal Bond Fund (EIM), the current Dividend Payout Ratio is 3.39 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Eaton Vance Municipal Bond Fund Business Description

Address One Post Office Square, Boston, MA, USA, 02109
Eaton Vance Municipal Bond Fund is a non-diversified closed-end management investment company. It consists of Municipal bond fund, California municipal bond fund, and New York municipal bond fund. The company's investment objective is to provide current income exempt from regular federal income tax, alternative minimum tax, and taxes in specified states. Its investment plan is to invest in higher quality bonds.
30GF Score

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Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.58
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