Eaton Vance Tax-Advantaged Global Dividend Income Fund
ETGFinancial Services · Stock · monthly payer
Forward Yield
6.35%
Annual Dividend
$1.55
Payout Ratio
24%
5-Yr Growth
4.6%
Ex-Date
Aug 14, 2026
Frequency
Monthly
Summary
As of August 2026, Eaton Vance Tax-Advantaged Global Dividend Income Fund (ETG) yields 6.35% ($1.55 per share annually), with a blended fair-value estimate of $14.85 — -39% downside, so it screens as overvalued. Dividend safety grade: C (65/100). 2 years of dividend growth.
Is ETG a good dividend stock?
Yes, with caveatsEaton Vance Tax-Advantaged Global Dividend Income Fund (ETG) pays a monthly dividend yielding 6.35% ($1.55/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
- Comfortable payout ratio (24%)
Risks
- Cut its dividend in 2023
Key Data
- Dividend Yield
- 6.35%
- Payout Ratio
- 24%
- Annual Dividend
- $1.55
- 5-Yr Avg Growth
- 4.6%
- Ex-Dividend Date
- Aug 14, 2026
- Years of Growth
- 2
- Frequency
- monthly
- Beta
- 1.19
- Market Cap
- $1.9B
- P/E Ratio
- 3.8
- 5-Yr Total Return
- 9%
- 52-Week Range
- $19.34 – $24.42
- Dividend Safety
- C · 65/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
ETG Price — Last 12 Months
Daily close
Price Return
1 Year
+16%
3 Years
+45%
5 Years
+9%
52-Week Range
$19.34 – $24.42
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ETG worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Eaton Vance Tax-Advantaged Global Dividend Income Fund is $14.85 per share, versus a market price of $24.29. That implies 39% of downside.
Fair Value
$14.85
Current Price
$24.29
Downside
-39%
Margin of Safety
-64%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 4.6% — so the price already assumes faster growth than we think is likely.
Assumptions: 10.3% discount rate (CAPM), 4.6% stage-1 growth, 2.5% terminal growth, $6.43 EPS, $1.55 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ETG Dividend Safety Score
Borderline
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
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 15, 2026 | — | $0.1290 | regular |
| Jun 15, 2026 | — | $0.1290 | regular |
| May 15, 2026 | — | $0.1290 | regular |
| Apr 15, 2026 | — | $0.1290 | regular |
| Mar 16, 2026 | — | $0.1290 | regular |
| Feb 17, 2026 | — | $0.1290 | regular |
| Jan 15, 2026 | — | $0.1290 | regular |
| Dec 15, 2025 | — | $0.1290 | regular |
| Nov 14, 2025 | — | $0.1290 | regular |
| Oct 15, 2025 | — | $0.1290 | regular |
| Sep 15, 2025 | — | $0.1290 | regular |
| Aug 15, 2025 | — | $0.1290 | regular |
| Jul 15, 2025 | — | $0.1290 | regular |
| Jun 16, 2025 | — | $0.1290 | regular |
Income Calculator
At $1.55 / yr per share
