Eaton Vance California Municipal Income Trust (NYSE:CEV – Get Free Report) declared a monthly dividend on Monday, November 2nd. Shareholders of record on Friday, November 13th will be given a dividend of $0.05 per share on Tuesday, November 24th. This represents a $0.60 annualized dividend and a yield of 5.7%. The ex-dividend date is Friday, November 13th.
Eaton Vance California Municipal Income Trust Price Performance
Eaton Vance California Municipal Income Trust stock opened at $10.48 on Tuesday. Eaton Vance California Municipal Income Trust has a fifty-two week low of $9.77 and a fifty-two week high of $10.84. The stock has a fifty day moving average of $10.32 and a two-hundred day moving average of $10.34.
Institutional Investors Weigh In On Eaton Vance California Municipal Income Trust
An institutional investor recently raised its stake in Eaton Vance California Municipal Income Trust stock. Wedbush Securities Inc. increased its position in shares of Eaton Vance California Municipal Income Trust (NYSE:CEV – Free Report) by 25.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 65,750 shares of the company’s stock after purchasing an additional 13,253 shares during the period. Wedbush Securities Inc. owned 0.93% of Eaton Vance California Municipal Income Trust worth $692,000 at the end of the most recent quarter. 35.88% of the stock is currently owned by institutional investors.
Eaton Vance California Municipal Income Trust Company Profile
Eaton Vance California Municipal Income Trust (NYSE: CEV) is a closed-end investment company designed to provide current income that is exempt from regular federal income tax and California personal income tax. The trust invests primarily in municipal obligations issued by or on behalf of municipalities and other public entities in California.
Its portfolio may include a range of tax-exempt securities used to finance public infrastructure and essential services, such as schools, transportation systems, utilities, health care facilities and other governmental projects.
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