Is Eaton Vance California Municipal Income Trust a good dividend stock?

Eaton Vance California Municipal Income Trust (CEV) is a dividend-paying stock with a current dividend yield of 5.71%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is CEV's dividend yield?

The dividend yield for CEV stock is currently 5.71%.

How much does CEV pay in dividends per year?

Eaton Vance California Municipal Income Trust pays an annual dividend of $0.6000 per share over the trailing twelve months.

How often does CEV pay dividends?

CEV stock pays dividends monthly.

Is CEV's dividend growing?

Eaton Vance California Municipal Income Trust's 3-year dividend CAGR is 9.06%.

CEV Stock Price, Chart, Stats & News

Eaton Vance California Municipal Income Trust

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Overview Dividend safety Dividends Fundamentals

Eaton Vance California Municipal Income Trust (CEV) is a dividend-paying stock with a current dividend yield of 5.71% as of Jun 29, 2026. It pays $0.6000 per share over the trailing twelve months and distributes monthly. Its dividend has grown at a 1.23% 5-year compound annual rate.

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Market cap

–

Current P/E

–

Forward P/E

5.71%

Dividend yield

$0.6000

CEV dividend

Dividend safety

Moderate

Dividend coverage is moderate for CEV — worth a closer look at the full safety breakdown.

See the safety analysis

CEV chart

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Fundamentals

Gross margin	51.21%
Operating margin	30.93%
Pretax margin	0.16%
Net margin	0.16%
Effective tax rate	–
ROA	0.00%
ROE	0.01%
D/E	0.48x
Interest coverage ratio	1.88x

All financials

CEV valuation

P/E	–
P/S	20.03x
P/B	0.88x
P/CF	26.94x
P/FCF	26.94x
P/OCF	26.94x
PEG	126.46x
EV multiple	29.67x

About

Financial Services

Sector

Asset Management - Income

Industry

The Eaton Vance California Municipal Income Trust (CEV) operates as a closed-end mutual fund under the management of Eaton Vance Management, its original creator. This fund is dedicated to investing in various fixed income markets. Its primary strategy involves acquiring debt securities issued by a diverse array of sectors, including education, healthcare (hospitals), housing, and transportation.