Eaton Vance California Municipal Income Trust (CEV) To Go Ex-Dividend on October 11th

Eaton Vance California Municipal Income Trust (NYSE:CEV) announced a dividend on Tuesday, October 1st, NASDAQ reports. Investors of record on Friday, October 11th will be given a dividend of 0.05 per share on Friday, October 18th. The ex-dividend date of this dividend is Friday, October 11th.

Eaton Vance California Municipal Income Trust has decreased its dividend by an average of 7.9% annually over the last three years.

Eaton Vance California Municipal Income Trust Price Performance

CEV stock opened at $10.90 on Thursday. Eaton Vance California Municipal Income Trust has a twelve month low of $8.83 and a twelve month high of $11.29. The business’s 50-day simple moving average is $10.98 and its 200 day simple moving average is $10.78.

Insider Buying and Selling

In other Eaton Vance California Municipal Income Trust news, major shareholder Saba Capital Management, L.P. sold 21,340 shares of Eaton Vance California Municipal Income Trust stock in a transaction that occurred on Thursday, September 26th. The stock was sold at an average price of $10.80, for a total transaction of $230,472.00. Following the sale, the insider now directly owns 804,788 shares of the company’s stock, valued at $8,691,710.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold a total of 100,207 shares of company stock valued at $1,093,241 over the last three months.

About Eaton Vance California Municipal Income Trust

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.