Eaton Vance California Municipal Bond Fd (EVM) to Issue Monthly Dividend of $0.05
Eaton Vance California Municipal Bond Fd (NYSEAMERICAN:EVM) declared a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Stockholders of record on Wednesday, January 24th will be given a dividend of 0.0487 per share by the investment management company on Wednesday, January 31st. This represents a $0.58 dividend on an annualized basis and a dividend yield of 5.06%. The ex-dividend date of this dividend is Tuesday, January 23rd.
Shares of Eaton Vance California Municipal Bond Fd (EVM) traded up $0.06 during trading hours on Wednesday, reaching $11.54. 166,082 shares of the company traded hands, compared to its average volume of 118,850. Eaton Vance California Municipal Bond Fd has a 12-month low of $11.14 and a 12-month high of $12.89.
Eaton Vance California Municipal Bond Fd Company Profile
Eaton Vance California Municipal Bond Fund is a non-diversified, closed-end management investment company. The Fund’s investment objective is to provide current income exempt from federal income tax, including alternative minimum tax (AMT) and California personal income tax. The Funds may invest in residual interest bonds, also referred to as inverse floating rate securities, whereby it may sell a variable or fixed rate bond for cash to a Special-Purpose Vehicle (the SPV), while at the same time, buying a residual interest in the assets and cash flows of the SPV.
Receive News & Ratings for Eaton Vance California Municipal Bond Fd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eaton Vance California Municipal Bond Fd and related companies with MarketBeat.com's FREE daily email newsletter.