Eaton Vance Risk-Managed Diversified Equity Income Fund
ETJFinancial Services · Stock · monthly payer
$8.43
Add to PortfolioForward Yield
9.27%
Annual Dividend
$0.78
Payout Ratio
106%
5-Yr Growth
-3.1%
Ex-Date
Jun 15, 2026
Frequency
Monthly
ETJ 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
Is ETJ a good dividend stock?
MixedEaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) pays a monthly dividend yielding 9.27% ($0.78/yr), with 2 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2023
- Elevated payout ratio (106%)
- 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
- 9.27%
- Payout Ratio
- 106%
- Annual Dividend
- $0.78
- 5-Yr Avg Growth
- -3.1%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 2
- Frequency
- monthly
- Beta
- —
- Market Cap
- $567.4M
- P/E Ratio
- 11.4
- 5-Yr Total Return
- -27%
- 52-Week Range
- $7.88 – $9.12
- Dividend Safety
- C · 50/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 15, 2026 | — | $0.0650 | regular |
| Apr 15, 2026 | — | $0.0650 | regular |
| Mar 16, 2026 | — | $0.0650 | regular |
| Feb 17, 2026 | — | $0.0650 | regular |
| Jan 15, 2026 | — | $0.0650 | regular |
| Dec 15, 2025 | — | $0.0650 | regular |
| Nov 14, 2025 | — | $0.0650 | regular |
| Oct 15, 2025 | — | $0.0650 | regular |
| Sep 15, 2025 | — | $0.0650 | regular |
| Aug 15, 2025 | — | $0.0650 | regular |
| Jul 15, 2025 | — | $0.0650 | regular |
| Jun 16, 2025 | — | $0.0650 | regular |
| May 15, 2025 | — | $0.0650 | regular |
| Apr 15, 2025 | — | $0.0650 | regular |
Income Calculator
At $0.78 / yr per share
