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

Eaton Vance California Municipal Bond Fund (NYSE:EVM) announced a monthly dividend on Tuesday, February 4th,Wall Street Journal reports. Investors 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 dividend on an annualized basis and a dividend yield of 5.33%. The ex-dividend date of this dividend is Friday, February 14th.

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

Eaton Vance California Municipal Bond Fund Trading Down 0.2 %

NYSE EVM traded down $0.02 during trading hours on Tuesday, reaching $9.39. 43,734 shares of the company traded hands, compared to its average volume of 54,529. Eaton Vance California Municipal Bond Fund has a 12 month low of $9.08 and a 12 month high of $9.81. The company has a 50 day moving average of $9.37 and a two-hundred day moving average of $9.47.

About Eaton Vance California Municipal Bond Fund

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.