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

Eaton Vance California Municipal Bond Fund (NYSE:EVM) announced a monthly dividend on Wednesday, May 1st, Wall Street Journal reports. Shareholders of record on Friday, May 24th will be given a dividend of 0.0383 per share on Friday, May 31st. This represents a $0.46 annualized dividend and a yield of 4.90%. The ex-dividend date is Thursday, May 23rd.

Eaton Vance California Municipal Bond Fund has decreased its dividend payment by an average of 9.2% per year over the last three years and has raised its dividend every year for the last 1 years.

Eaton Vance California Municipal Bond Fund Trading Down 1.8 %

Eaton Vance California Municipal Bond Fund stock opened at $9.38 on Wednesday. The business’s 50-day simple moving average is $9.41 and its two-hundred day simple moving average is $9.20. Eaton Vance California Municipal Bond Fund has a fifty-two week low of $7.67 and a fifty-two week high of $9.60.

About Eaton Vance California Municipal Bond Fund

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.