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

Eaton Vance California Municipal Income Trust (NYSE:CEV) announced a monthly dividend on Tuesday, February 4th,Wall Street Journal reports. Shareholders of record on Thursday, February 13th will be paid a dividend of 0.05 per share on Monday, February 24th. This represents a $0.60 dividend on an annualized basis and a yield of 5.91%. The ex-dividend date of this dividend is Thursday, February 13th.

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

Eaton Vance California Municipal Income Trust Trading Up 0.1 %

Shares of NYSE:CEV traded up $0.01 during trading on Tuesday, reaching $10.15. The stock had a trading volume of 28,190 shares, compared to its average volume of 34,513. The stock has a fifty day simple moving average of $10.25 and a two-hundred day simple moving average of $10.61. Eaton Vance California Municipal Income Trust has a 52 week low of $9.91 and a 52 week high of $11.29.

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.