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

Eaton Vance California Municipal Bond Fund (NYSE:EVM) declared a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Stockholders of record on Friday, September 20th will be paid a dividend of 0.0417 per share on Monday, September 30th. This represents a $0.50 annualized dividend and a dividend yield of 5.19%. The ex-dividend date of this dividend is Friday, September 20th.

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 Stock Performance

Shares of EVM opened at $9.64 on Thursday. The business’s fifty day moving average price is $9.63 and its 200 day moving average price is $9.50. Eaton Vance California Municipal Bond Fund has a 12-month low of $7.67 and a 12-month 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.