Eaton Vance California Municipal Income Trust Dividend
Dividend criteria checks 2/6
Eaton Vance California Municipal Income Trust is a dividend paying company with a current yield of 4.18%.
Key information
4.2%
Dividend yield
121%
Payout ratio
Industry average yield | 2.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$0.36 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CEV's dividend payments have been volatile in the past 10 years.
Growing Dividend: CEV's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Eaton Vance California Municipal Income Trust Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (CEV) | 4.2% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Capital Markets) | 2.3% |
Analyst forecast in 3 Years (CEV) | n/a |
Notable Dividend: CEV's dividend (4.18%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: CEV's dividend (4.18%) is low compared to the top 25% of dividend payers in the US market (4.7%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (121.3%), CEV's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (23.3%), CEV's dividend payments are well covered by cash flows.