Eaton Vance California Mun. Income Trust (CEV) to Issue Monthly Dividend of $0.04 on March 18th

Eaton Vance California Mun. Income Trust (NYSEAMERICAN:CEV) declared a monthly dividend on Monday, March 4th, Wall Street Journal reports. Shareholders of record on Monday, March 11th will be given a dividend of 0.0446 per share on Monday, March 18th. This represents a $0.54 dividend on an annualized basis and a yield of 4.48%. The ex-dividend date is Friday, March 8th.

Eaton Vance California Mun. Income Trust has decreased its dividend by an average of 11.1% annually over the last three years.

Shares of CEV opened at $11.94 on Thursday. Eaton Vance California Mun. Income Trust has a 1 year low of $10.70 and a 1 year high of $11.95.

An institutional investor recently raised its position in Eaton Vance California Mun. Income Trust stock. Geode Capital Management LLC lifted its position in shares of Eaton Vance California Mun. Income Trust (NYSEAMERICAN:CEV) by 6.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 45,106 shares of the company’s stock after buying an additional 2,692 shares during the quarter. Geode Capital Management LLC owned approximately 0.63% of Eaton Vance California Mun. Income Trust worth $499,000 at the end of the most recent quarter.

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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.

Further Reading: Hedge Funds Explained

Dividend History for Eaton Vance California Mun. Income Trust (NYSEAMERICAN:CEV)

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