Eaton Vance California Municipal Income Trust (NYSE:CEV – Get Free Report) announced a monthly dividend on Monday, August 3rd. Investors of record on Thursday, August 13th will be paid a dividend of 0.05 per share on Tuesday, August 25th. This represents a c) dividend on an annualized basis and a yield of 5.8%. The ex-dividend date is Thursday, August 13th.
Eaton Vance California Municipal Income Trust Stock Down 0.6%
Shares of NYSE CEV opened at $10.41 on Tuesday. Eaton Vance California Municipal Income Trust has a twelve month low of $9.37 and a twelve month high of $10.78. The business has a fifty day simple moving average of $10.37 and a two-hundred day simple moving average of $10.34.
About Eaton Vance California Municipal Income Trust
Eaton Vance California Municipal Income Trust is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from regular federal income tax and California personal income tax. The trust primarily invests in investment-grade municipal securities issued by state and local governmental entities, with a portfolio focus on California debt obligations. Its tax-exempt income objective makes it a specialized option for investors in higher tax brackets seeking steady tax-advantaged distributions.
The trust’s portfolio typically includes a diversified mix of general obligation bonds, revenue bonds and essential-service obligations that finance public utilities, transportation, education and healthcare facilities within California.
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