Eaton Vance Municipal: Dividend Insights
Portfolio Pulse from Benzinga Insights
Eaton Vance Municipal (EIM) announced a monthly dividend of 3.54 cents per share, payable on June 30, 2023. Shareholders must own the stock prior to the ex-dividend date, which is Wednesday, to be eligible for the dividend.
June 16, 2023 | 2:46 pm
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NEUTRAL IMPACT
Eaton Vance Municipal (EIM) will pay a monthly dividend of 3.54 cents per share, with the ex-dividend date on Wednesday. The dividend will be paid on June 30, 2023.
The announcement of a dividend payment is generally a neutral event for the stock price in the short term. However, the stock will likely open 3.54 cents lower on the ex-dividend date to reflect the payout. The dividend payment is important for income-focused investors, but it does not significantly impact the stock's overall performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100