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

Eaton Vance California Municipal Bond Fund (NYSE:EVM) announced a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Investors of record on Friday, March 14th will be paid a dividend of 0.0417 per share on Monday, March 31st. This represents a $0.50 dividend on an annualized basis and a yield of 5.35%. The ex-dividend date is Friday, March 14th.

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

Eaton Vance California Municipal Bond Fund Stock Down 0.6 %

NYSE:EVM traded down $0.06 during trading on Tuesday, reaching $9.36. The company’s stock had a trading volume of 63,325 shares, compared to its average volume of 54,635. Eaton Vance California Municipal Bond Fund has a 12 month low of $9.08 and a 12 month high of $9.81. The firm has a 50 day moving average of $9.35 and a 200-day moving average of $9.44.

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.