MAB Ex-Dividend Reminder - 2/19/14

Looking at the universe of stocks we cover at Dividend Channel, on 2/19/14, Eaton Vance Massachusetts Municipal Bond Fund ( MAB) will trade ex-dividend, for its monthly dividend of $0.0633, payable on 2/28/14. As a percentage of MAB's recent stock price of $13.00, this dividend works out to approximately 0.49%.

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Below is a dividend history chart for MAB, showing historical dividends prior to the most recent $0.0633 declared by Eaton Vance Massachusetts Municipal Bond Fund:

MAB+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MAB is likely to continue, and whether the current estimated yield of 5.85% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MAB shares, versus its 200 day moving average:

Eaton Vance Massachusetts Municipal Bond Fund 200 Day Moving Average Chart

Looking at the chart above, MAB's low point in its 52 week range is $11.60 per share, with $15.85 as the 52 week high point — that compares with a last trade of $13.00.

In Tuesday trading, Eaton Vance Massachusetts Municipal Bond Fund shares are currently up about 0.6% on the day.

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