Eaton Vance California Municipal Income Trust (NYSE:CEV) Declares $0.05 Monthly Dividend

Eaton Vance California Municipal Income Trust (NYSE:CEV) declared a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Stockholders of record on Thursday, March 13th will be paid a dividend of 0.05 per share on Friday, March 21st. This represents a $0.60 annualized dividend and a dividend yield of 5.81%. The ex-dividend date of this dividend is Thursday, March 13th.

Eaton Vance California Municipal Income Trust has increased its dividend by an average of 0.1% annually over the last three years.

Eaton Vance California Municipal Income Trust Stock Down 0.6 %

Shares of NYSE CEV traded down $0.06 during trading hours on Tuesday, hitting $10.33. The company’s stock had a trading volume of 34,851 shares, compared to its average volume of 31,804. Eaton Vance California Municipal Income Trust has a 12 month low of $9.91 and a 12 month high of $11.29. The business has a 50-day simple moving average of $10.14 and a 200-day simple moving average of $10.50.

Eaton Vance California Municipal Income Trust Company Profile

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.