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

Eaton Vance California Municipal Bond Fund (NYSE:EVM) announced a monthly dividend on Monday, November 4th, Wall Street Journal reports. Stockholders of record on Thursday, November 21st will be paid a dividend of 0.0417 per share on Friday, November 29th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 5.41%. The ex-dividend date 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 Stock Performance

Shares of NYSE EVM opened at $9.25 on Tuesday. Eaton Vance California Municipal Bond Fund has a 52-week low of $7.99 and a 52-week high of $9.81. The stock’s fifty day simple moving average is $9.53 and its 200 day simple moving average is $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.