Eaton Vance CA Muniome Trust (Eaton Vance CA Muniome Trust) Dividend Payout Ratio

: 1.13 (As of Nov. 2023)

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Eaton Vance CA Muniome Trust's dividend payout ratio for the months ended in Nov. 2023 was 1.13.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Eaton Vance CA Muni Income Trust is 1.21, which seems too high.

The historical rank and industry rank for Eaton Vance CA Muniome Trust's Dividend Payout Ratio or its related term are showing as below:

CEV' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.31 Med: 0.91 Max: 2.91
Current: 1.21

During the past 13 years, the highest Dividend Payout Ratio of Eaton Vance CA Muniome Trust was 2.91. The lowest was 0.31. And the median was 0.91.

CEV's Dividend Payout Ratio is ranked worse than
71.43% of 938 companies
in the Asset Management industry
Industry Median: 0.83 vs CEV: 1.21

As of today (2024-04-18), the Dividend Yield % of Eaton Vance CA Muniome Trust is 4.34%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Eaton Vance CA Muniome Trust was 7.97%. The lowest was 3.42%. And the median was 4.49%.

Eaton Vance CA Muniome Trust's Dividends per Share for the months ended in Nov. 2023 was $0.21.

During the past 12 months, Eaton Vance CA Muniome Trust's average Dividends Per Share Growth Rate was -18.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -7.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -1.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -5.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Eaton Vance CA Muniome Trust was 6.30% per year. The lowest was -14.20% per year. And the median was -4.40% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Eaton Vance CA Muniome Trust Dividend Payout Ratio Historical Data

The historical data trend for Eaton Vance CA Muniome Trust's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Eaton Vance CA Muniome Trust Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Dividend Payout Ratio

0.31

0.60

1.10

1.19

Eaton Vance CA Muniome Trust Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Dividend Payout Ratio																1.40	-	-	1.29	1.13

Competitive Comparison

For the Asset Management subindustry, Eaton Vance CA Muniome Trust's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Eaton Vance CA Muniome Trust Dividend Payout Ratio Distribution

For the Asset Management industry and Financial Services sector, Eaton Vance CA Muniome Trust's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Eaton Vance CA Muniome Trust's Dividend Payout Ratio falls into.

Eaton Vance CA Muniome Trust Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Eaton Vance CA Muniome Trust's Dividend Payout Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Nov. 2023 )	/	EPS without NRI (A: Nov. 2023 )
	=	0.428	/	0.361
	=	1.19

Eaton Vance CA Muniome Trust's Dividend Payout Ratio for the quarter that ended in Nov. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Nov. 2023 )	/	EPS without NRI (Q: Nov. 2023 )
	=	0.205	/	0.182
	=	1.13

Eaton Vance CA Muniome Trust (AMEX:CEV) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Eaton Vance CA Muniome Trust Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Eaton Vance CA Muniome Trust's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Eaton Vance CA Muniome Trust (Eaton Vance CA Muniome Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Eaton Vance CA Muni Income Trust (AMEX:CEV) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Two International Place, Boston, MA, USA, 02110

Website

https://www.eatonvance.com

Eaton Vance CA Muni Income Trust is a non-diversified closed-end investment company. The company's investment objective is to provide current income exempt from regular federal income tax and taxes in its specified state. Its portfolio of investments includes cogeneration, education, hospital, housing, industrial development revenue, electric utilities, special tax revenue, transportation, and others.

Executives

Saba Capital Management, L.p.	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Kenneth A Topping	officer: President	TWO INTERNATIONAL PLACE, BOSTON MA 02110
Carl Thompson	other: Portfolio Manager	TWO INTERNATIONAL PLACE, BOSTON MA 02110
Faust Thomas E Jr	other: Management Committee of Eaton	255 STATE STREET, BOSTON MA 02109
Anchal Pachnanda	officer: Officer	TWO INTERNATIONAL PLACE, BOSTON MA 02110
Alan C. Bowser	other: Trustee	TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nicholas Dilorenzo	officer: Secretary	TWO INTERNATIONAL PLACE, BOSTON MA 02110
Nancy A Wiser	other: Trustee	WELLS FARGO FUNDS MANAGEMENT, 200 BERKELEY STREET, 19TH FLOOR, BOSTON MA 02116
Jill Damon	officer: Secretary	TWO INTERNATIONAL PLACE, BOSTON MA 02110
Kimberly M Roessiger	officer: Secretary	TWO INTERNATIONAL PLACE, BOSTON MA 02110
Deidre E Walsh	officer: Vice President	TWO INTERNATIONAL PLACE, BOSTON MA 02110
Eric Stein	officer: President	TWO INTERNATIONAL PLACE, BOSTON MA 02110
Trevor G Smith	officer: Portfolio Manager	TWO INTERNATIONAL PLACE, BOSTON MA 02110
Marcus L. Smith	other: Trustee	555 17TH STREET, SUITE 3700, DCT INDUSTRIAL TRUST INC., DENVER CO 80202