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

Eaton Vance California Municipal Bond Fund (NYSE:EVM) declared a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Shareholders of record on Friday, March 14th will be given a dividend of 0.0417 per share on Monday, March 31st. This represents a $0.50 annualized dividend and a dividend yield of 5.35%. The ex-dividend date of this dividend is Friday, March 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 Price Performance

Shares of NYSE:EVM traded down $0.06 on Tuesday, hitting $9.36. The company had a trading volume of 63,325 shares, compared to its average volume of 54,635. Eaton Vance California Municipal Bond Fund has a 1-year low of $9.08 and a 1-year high of $9.81. The stock has a 50 day moving average price of $9.35 and a 200 day moving average price of $9.44.

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.