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

Eaton Vance California Municipal Bond Fund (NYSE:EVM) declared a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Shareholders of record on Friday, March 14th will be paid a dividend of 0.0417 per share on Monday, March 31st. This represents a $0.50 annualized dividend and a yield of 5.35%. The ex-dividend date is Friday, March 14th.

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

Eaton Vance California Municipal Bond Fund Stock Down 0.6 %

Shares of NYSE EVM opened at $9.36 on Wednesday. The business has a fifty day moving average price of $9.35 and a two-hundred day moving average price of $9.44. Eaton Vance California Municipal Bond Fund has a fifty-two week low of $9.08 and a fifty-two week high of $9.81.

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.