Eaton Vance California Municipal Income Trust (NYSE:CEV) Announces $0.04 Monthly Dividend

Eaton Vance California Municipal Income Trust (NYSE:CEV) declared a monthly dividend on Thursday, May 2nd, Wall Street Journal reports. Investors of record on Monday, May 13th will be given a dividend of 0.0434 per share on Monday, May 20th. This represents a $0.52 annualized dividend and a yield of 5.05%. The ex-dividend date of this dividend is Friday, May 10th.

Eaton Vance California Municipal Income Trust Trading Up 0.5 %

Eaton Vance California Municipal Income Trust stock traded up $0.05 during midday trading on Thursday, reaching $10.32. The stock had a trading volume of 17,442 shares, compared to its average volume of 19,012. Eaton Vance California Municipal Income Trust has a 12 month low of $8.83 and a 12 month high of $10.91. The firm’s 50-day moving average price is $10.45 and its 200 day moving average price is $10.18.

About Eaton Vance California Municipal Income Trust

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.