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

Eaton Vance California Municipal Bond Fund (NYSE:EVM) declared a monthly dividend on Friday, August 2nd, Wall Street Journal reports. Stockholders of record on Thursday, August 22nd will be paid a dividend of 0.0417 per share on Friday, August 30th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 5.14%. The ex-dividend date is Thursday, August 22nd.

Eaton Vance California Municipal Bond Fund has decreased its dividend payment by an average of 9.2% per year over the last three years.

Eaton Vance California Municipal Bond Fund Trading Up 1.7 %

Shares of Eaton Vance California Municipal Bond Fund stock opened at $9.74 on Friday. Eaton Vance California Municipal Bond Fund has a 52-week low of $7.67 and a 52-week high of $9.77. The company has a 50 day moving average of $9.54 and a 200 day moving average of $9.42.

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.