Eaton Vance California Municipal Income Trust (NYSE:CEV - Get Free Report) declared a monthly dividend on Monday, August 4th, Wall Street Journal reports. Stockholders of record on Wednesday, August 13th will be paid a dividend of 0.05 per share on Monday, August 25th. This represents a c) annualized dividend and a dividend yield of 6.3%. The ex-dividend date of this dividend is Wednesday, August 13th.
Eaton Vance California Municipal Income Trust Price Performance
Shares of CEV traded up $0.04 during trading hours on Monday, hitting $9.52. The company had a trading volume of 85,911 shares, compared to its average volume of 32,202. The business has a fifty day moving average of $9.60 and a 200-day moving average of $9.84. Eaton Vance California Municipal Income Trust has a 12 month low of $9.31 and a 12 month high of $11.29.
Hedge Funds Weigh In On Eaton Vance California Municipal Income Trust
A number of hedge funds have recently bought and sold shares of CEV. Landscape Capital Management L.L.C. bought a new position in Eaton Vance California Municipal Income Trust in the 1st quarter valued at about $126,000. Nomura Holdings Inc. acquired a new stake in shares of Eaton Vance California Municipal Income Trust in the 4th quarter valued at approximately $151,000. Plancorp LLC acquired a new stake in shares of Eaton Vance California Municipal Income Trust in the 1st quarter valued at approximately $200,000. Raymond James Financial Inc. acquired a new stake in shares of Eaton Vance California Municipal Income Trust in the 4th quarter valued at approximately $481,000. Finally, Cypress Wealth Services LLC acquired a new stake in shares of Eaton Vance California Municipal Income Trust in the 2nd quarter valued at approximately $531,000. 35.88% of the stock is owned by institutional investors.
Eaton Vance California Municipal Income Trust Company Profile
(
Get Free Report)
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Eaton Vance California Municipal Income Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Eaton Vance California Municipal Income Trust wasn't on the list.
While Eaton Vance California Municipal Income Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
