Eaton Vance California Mun. Income Trust (NYSEAMERICAN:CEV) announced a monthly dividend on Wednesday, October 3rd, Wall Street Journal reports. Investors of record on Thursday, October 11th will be given a dividend of 0.0421 per share on Thursday, October 18th. This represents a $0.51 dividend on an annualized basis and a yield of 4.61%. The ex-dividend date of this dividend is Wednesday, October 10th.
Eaton Vance California Mun. Income Trust has decreased its dividend payment by an average of 13.5% per year over the last three years.
NYSEAMERICAN:CEV opened at $10.97 on Tuesday. Eaton Vance California Mun. Income Trust has a 1-year low of $10.92 and a 1-year high of $12.58.
Eaton Vance California Mun. 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.
Recommended Story: How Investors Use a Balance Sheet
Receive News & Ratings for Eaton Vance California Mun. Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eaton Vance California Mun. Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.