Eaton Vance California Municipal Income Trust (NYSEAMERICAN:CEV) to Issue $0.05 Monthly Dividend

Eaton Vance California Municipal Income Trust (NYSEAMERICAN:CEVGet Rating) declared a monthly dividend on Tuesday, May 3rd, Wall Street Journal reports. Stockholders of record on Thursday, May 12th will be paid a dividend of 0.0471 per share on Thursday, May 19th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 5.37%. The ex-dividend date is Wednesday, May 11th.

Shares of NYSEAMERICAN CEV opened at $10.53 on Wednesday. Eaton Vance California Municipal Income Trust has a 52 week low of $10.40 and a 52 week high of $14.55.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Advisors Asset Management Inc. acquired a new stake in Eaton Vance California Municipal Income Trust in the 4th quarter valued at approximately $292,000. Goldman Sachs Group Inc. bought a new stake in shares of Eaton Vance California Municipal Income Trust in the 4th quarter worth approximately $300,000. UBS Group AG lifted its position in shares of Eaton Vance California Municipal Income Trust by 14.8% in the 3rd quarter. UBS Group AG now owns 85,046 shares of the company’s stock worth $1,158,000 after acquiring an additional 10,962 shares during the period. Finally, Morgan Stanley lifted its position in shares of Eaton Vance California Municipal Income Trust by 12.7% in the 2nd quarter. Morgan Stanley now owns 85,230 shares of the company’s stock worth $1,192,000 after acquiring an additional 9,627 shares during the period.

Eaton Vance California Municipal Income Trust Company Profile (Get Rating)

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.

See Also

Dividend History for Eaton Vance California Municipal Income Trust (NYSEAMERICAN:CEV)

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