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

Eaton Vance California Municipal Bond Fund (NYSE:EVM) declared a monthly dividend on Friday, November 1st,Wall Street Journal reports. Investors of record on Thursday, November 21st will be given a dividend of 0.0417 per share on Friday, November 29th. This represents a $0.50 annualized dividend and a yield of 5.33%. The ex-dividend date of this dividend is Thursday, November 21st.

Eaton Vance California Municipal Bond Fund has decreased its dividend payment by an average of 9.2% per year over the last three years.

Eaton Vance California Municipal Bond Fund Price Performance

Shares of NYSE:EVM opened at $9.39 on Wednesday. Eaton Vance California Municipal Bond Fund has a 1-year low of $8.63 and a 1-year high of $9.81. The business has a 50-day moving average price of $9.47 and a two-hundred day moving average price of $9.52.

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.