Eaton Vance California Municipal Bond Fd (EVM) to Issue Monthly Dividend of $0.05 on December 29th
Eaton Vance California Municipal Bond Fd (NYSEAMERICAN:EVM) announced a monthly dividend on Monday, December 4th, Wall Street Journal reports. Investors of record on Friday, December 22nd will be paid a dividend of 0.0487 per share by the investment management company on Friday, December 29th. This represents a $0.58 annualized dividend and a yield of 5.00%. The ex-dividend date is Thursday, December 21st.
Shares of Eaton Vance California Municipal Bond Fd (EVM) opened at $11.69 on Wednesday. Eaton Vance California Municipal Bond Fd has a 52 week low of $11.14 and a 52 week high of $12.89.
About Eaton Vance California Municipal Bond Fd
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.
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