Eaton Vance California Municipal Bond Fund Declares Monthly Dividend of $0.04 (NYSE:EVM)

Eaton Vance California Municipal Bond Fund (NYSE:EVM) declared a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Shareholders of record on Friday, February 14th will be paid a dividend of 0.0417 per share on Friday, February 28th. This represents a $0.50 annualized dividend and a yield of 5.33%. The ex-dividend date is Friday, February 14th.

Eaton Vance California Municipal Bond Fund has decreased its dividend payment by an average of 1.0% per year over the last three years.

Eaton Vance California Municipal Bond Fund Price Performance

EVM traded down $0.02 during trading on Tuesday, reaching $9.39. The company’s stock had a trading volume of 43,734 shares, compared to its average volume of 54,529. The company’s fifty day moving average price is $9.37 and its 200-day moving average price is $9.47. Eaton Vance California Municipal Bond Fund has a 52-week low of $9.08 and a 52-week high of $9.81.

Eaton Vance California Municipal Bond Fund Company Profile

Eaton Vance California Municipal Bond Fund is a close-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income market of United States. It invests primarily in high grade municipal obligations comprising of various industries, such as general obligations, hospital, electric utilities, transportation, water and sewer, public education, and private education.