Eaton Vance California Municipal Bond Fund to Issue Monthly Dividend of $0.04 (NYSE:EVM)

Eaton Vance California Municipal Bond Fund (NYSE:EVM) announced a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Stockholders of record on Friday, February 14th will be paid a dividend of 0.0417 per share on Friday, February 28th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 5.33%. The ex-dividend date is Friday, February 14th.

Eaton Vance California Municipal Bond Fund has decreased its dividend payment by an average of 1.0% per year over the last three years.

Eaton Vance California Municipal Bond Fund Stock Down 0.2 %

Eaton Vance California Municipal Bond Fund stock traded down $0.02 during midday trading on Tuesday, reaching $9.39. The company’s stock had a trading volume of 43,734 shares, compared to its average volume of 54,529. Eaton Vance California Municipal Bond Fund has a fifty-two week low of $9.08 and a fifty-two week high of $9.81. The business has a 50-day simple moving average of $9.37 and a 200-day simple moving average of $9.47.

Eaton Vance California Municipal Bond Fund Company Profile

Eaton Vance California Municipal Bond Fund is a close-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income market of United States. It invests primarily in high grade municipal obligations comprising of various industries, such as general obligations, hospital, electric utilities, transportation, water and sewer, public education, and private education.