Eaton Vance California Municipal Income Trust Announces Monthly Dividend of $0.05 (NYSE:CEV)

Eaton Vance California Municipal Income Trust (NYSE:CEV) declared a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Shareholders of record on Friday, April 11th will be given a dividend of 0.05 per share on Tuesday, April 22nd. This represents a $0.60 annualized dividend and a dividend yield of 5.98%. The ex-dividend date is Friday, April 11th.

Eaton Vance California Municipal Income Trust has raised its dividend by an average of 0.1% per year over the last three years.

Eaton Vance California Municipal Income Trust Price Performance

Eaton Vance California Municipal Income Trust stock opened at $10.03 on Thursday. Eaton Vance California Municipal Income Trust has a twelve month low of $9.91 and a twelve month high of $11.29. The firm has a fifty day simple moving average of $10.17 and a two-hundred day simple moving average of $10.37.

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.