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

Eaton Vance California Municipal Income Trust (NYSE:CEV) declared a monthly dividend on Monday, June 3rd, Wall Street Journal reports. Investors of record on Thursday, June 13th will be given a dividend of 0.0434 per share on Thursday, June 20th. This represents a $0.52 annualized dividend and a yield of 4.84%. The ex-dividend date of this dividend is Thursday, June 13th.

Eaton Vance California Municipal Income Trust has decreased its dividend payment by an average of 7.9% per year over the last three years and has increased its dividend every year for the last 1 years.

Eaton Vance California Municipal Income Trust Stock Up 0.1 %

CEV stock traded up $0.01 during mid-day trading on Wednesday, hitting $10.77. The company had a trading volume of 19,350 shares, compared to its average volume of 17,791. The company has a 50-day moving average price of $10.52 and a 200 day moving average price of $10.42. Eaton Vance California Municipal Income Trust has a 12-month low of $8.83 and a 12-month high of $10.91.

Eaton Vance California Municipal Income Trust Company Profile

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.