Eaton Vance California Municipal Income Trust (CEV) To Go Ex-Dividend on December 12th

Eaton Vance California Municipal Income Trust (NYSE:CEV) announced a dividend on Monday, December 2nd,NASDAQ Dividends reports. Shareholders of record on Thursday, December 12th will be paid a dividend of 0.05 per share on Thursday, December 19th. The ex-dividend date is Thursday, December 12th.

Eaton Vance California Municipal Income Trust has decreased its dividend by an average of 7.9% annually over the last three years.

Eaton Vance California Municipal Income Trust Price Performance

NYSE:CEV opened at $10.69 on Tuesday. The firm has a 50-day moving average of $10.59 and a two-hundred day moving average of $10.81. Eaton Vance California Municipal Income Trust has a 1-year low of $10.07 and a 1-year high of $11.29.

Insider Transactions at Eaton Vance California Municipal Income Trust

In other news, major shareholder Saba Capital Management, L.P. sold 31,551 shares of the business’s stock in a transaction that occurred on Monday, October 21st. The stock was sold at an average price of $10.81, for a total value of $341,066.31. Following the completion of the sale, the insider now directly owns 694,818 shares in the company, valued at approximately $7,510,982.58. The trade was a 4.34 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last 90 days, insiders sold 188,134 shares of company stock valued at $2,046,247.

About Eaton Vance California Municipal Income Trust

Eaton Vance California Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets. The fund invests primarily in debt securities issued by education, hospital, housing, insured-education, insured-electric utilities, insured-hospital, insured-transportation, insured-water and sewer, transportation, and other sectors.