Eaton Vance Tax-Managed Buy-Write Income Fund
ETBFinancial Services · Stock · monthly payer
$15.48
Add to PortfolioForward Yield
8.20%
Annual Dividend
$1.27
Payout Ratio
62%
5-Yr Growth
-0.4%
Ex-Date
Jun 15, 2026
Frequency
Monthly
ETB Dividend Safety Score
59/ 100
Grade C
Borderline
Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage62% of earnings paid out
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is ETB a good dividend stock?
Yes, with caveatsEaton Vance Tax-Managed Buy-Write Income Fund (ETB) pays a monthly dividend yielding 8.20% ($1.27/yr), with 2 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
Risks
- Cut its dividend in 2023
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 8.20%
- Payout Ratio
- 62%
- Annual Dividend
- $1.27
- 5-Yr Avg Growth
- -0.4%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 2
- Frequency
- monthly
- Beta
- 0.93
- Market Cap
- $454.7M
- P/E Ratio
- 7.6
- 5-Yr Total Return
- -9%
- 52-Week Range
- $13.86 – $15.67
- Dividend Safety
- C · 59/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 15, 2026 | — | $0.1060 | regular |
| Apr 15, 2026 | — | $0.1060 | regular |
| Mar 16, 2026 | — | $0.1060 | regular |
| Feb 17, 2026 | — | $0.1060 | regular |
| Jan 15, 2026 | — | $0.1060 | regular |
| Dec 15, 2025 | — | $0.1060 | regular |
| Nov 14, 2025 | — | $0.1060 | regular |
| Oct 15, 2025 | — | $0.1060 | regular |
| Sep 15, 2025 | — | $0.1060 | regular |
| Aug 15, 2025 | — | $0.1060 | regular |
| Jul 15, 2025 | — | $0.1060 | regular |
| Jun 16, 2025 | — | $0.1060 | regular |
| May 15, 2025 | — | $0.1060 | regular |
| Apr 15, 2025 | — | $0.1060 | regular |
Income Calculator
At $1.27 / yr per share
Per payment (monthly)$10.58
Annual$127.00
Monthly avg$10.58
