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

Posted by Joe Tyrrell on Jan 4th, 2025

Eaton Vance California Municipal Income Trust (NYSE:CEV – Get Free Report) announced a dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders of record on Monday, January 13th will be paid a dividend of 0.05 per share on Wednesday, January 22nd. The ex-dividend date is Monday, January 13th.

Eaton Vance California Municipal Income Trust has decreased its dividend by an average of 7.9% annually over the last three years.

Eaton Vance California Municipal Income Trust Trading Up 0.6 %

NYSE CEV traded up $0.06 during trading hours on Friday, hitting $10.20. 47,656 shares of the company were exchanged, compared to its average volume of 45,678. The stock has a 50-day moving average price of $10.41 and a 200 day moving average price of $10.75. Eaton Vance California Municipal Income Trust has a 52 week low of $10.01 and a 52 week high of $11.29.

Insider Activity at Eaton Vance California Municipal Income Trust

In other Eaton Vance California Municipal Income Trust news, major shareholder Saba Capital Management, L.P. sold 5,500 shares of the firm’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $10.69, for a total value of $58,795.00. Following the completion of the transaction, the insider now owns 726,369 shares of the company’s stock, valued at approximately $7,764,884.61. This trade represents a 0.75 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders sold 42,844 shares of company stock worth $462,368 in the last 90 days.

Eaton Vance California Municipal Income Trust Company Profile

(Get Free Report)

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.