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

Eaton Vance California Municipal Bond Fund (NYSE:EVM) declared a monthly dividend on Friday, August 2nd, Wall Street Journal reports. Shareholders of record on Thursday, August 22nd will be given a dividend of 0.0417 per share on Friday, August 30th. This represents a $0.50 annualized dividend and a yield of 5.14%. The ex-dividend date of this dividend is Thursday, August 22nd.

Eaton Vance California Municipal Bond Fund has decreased its dividend by an average of 9.2% annually over the last three years.

Eaton Vance California Municipal Bond Fund Stock Up 1.7 %

EVM traded up $0.16 during mid-day trading on Friday, reaching $9.74. The stock had a trading volume of 40,600 shares, compared to its average volume of 43,930. Eaton Vance California Municipal Bond Fund has a 52 week low of $7.67 and a 52 week high of $9.77. The firm’s fifty day simple moving average is $9.53 and its two-hundred day simple moving average is $9.42.

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.