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

Eaton Vance California Municipal Bond Fund (NYSE:EVM) declared a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Investors of record on Tuesday, April 15th will be given a dividend of 0.0417 per share on Wednesday, April 30th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 5.41%. The ex-dividend date is Tuesday, April 15th.

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

Eaton Vance California Municipal Bond Fund Price Performance

NYSE:EVM traded down $0.03 during midday trading on Wednesday, hitting $9.25. 44,983 shares of the company were exchanged, compared to its average volume of 57,450. 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 company has a fifty day simple moving average of $9.37 and a 200 day simple moving average of $9.40.

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.