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 Monday, February 3rd,Wall Street Journal reports. Stockholders of record on Friday, February 14th will be given a dividend of 0.0417 per share on Friday, February 28th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 5.30%. The ex-dividend date of this dividend is Friday, February 14th.

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

Eaton Vance California Municipal Bond Fund Price Performance

NYSE EVM opened at $9.45 on Wednesday. The company’s fifty day simple moving average is $9.37 and its 200-day simple moving average is $9.47. Eaton Vance California Municipal Bond Fund has a 52 week low of $9.08 and a 52 week high of $9.81.

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.