Eaton Vance California Municipal Income Trust (NYSE:CEV) Shares Set to Pay Monthly Dividend of $0.05

by · The Cerbat Gem

Eaton Vance California Municipal Income Trust (NYSE:CEV – Get Free Report) declared a monthly dividend on Thursday, October 1st. Shareholders of record on Wednesday, October 14th will be given a dividend of $0.05 per share on Monday, October 26th. This represents a $0.60 annualized dividend and a yield of 5.8%. The ex-dividend date of this dividend is Wednesday, October 14th.

Eaton Vance California Municipal Income Trust Stock Up 1.3%

CEV stock opened at $10.27 on Friday. Eaton Vance California Municipal Income Trust has a 12 month low of $9.77 and a 12 month high of $10.84. The company has a 50-day moving average price of $10.33 and a 200 day moving average price of $10.32.

About Eaton Vance California Municipal Income Trust

(Get Free Report)

Eaton Vance California Municipal Income Trust is a closed-end management investment company that seeks to provide current income exempt from regular federal income tax and California state personal income tax. The fund is designed primarily for investors seeking tax-advantaged income through a professionally managed portfolio of municipal securities.

The trust invests predominantly in debt obligations issued by or on behalf of the state of California, its municipalities, and other public authorities.

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