SmarterDividends
ETO

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund

ETO

Financial Services · Stock · monthly payer

Forward Yield

6.77%

Annual Dividend

$2.08

Payout Ratio

39%

5-Yr Growth

3.9%

Ex-Date

Jun 15, 2026

Frequency

Monthly

ETO Dividend Safety Score

65/ 100
Grade C

Borderline

Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage39% of earnings paid out
Balance-sheet strengthDebt/equity of 0.20
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 ETO a good dividend stock?

Yes, with caveats

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (ETO) pays a monthly dividend yielding 6.77% ($2.08/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 (39%)

Risks

  • Cut its dividend in 2023

Key Data

Dividend Yield
6.77%
Payout Ratio
39%
Annual Dividend
$2.08
5-Yr Avg Growth
3.9%
Ex-Dividend Date
Jun 15, 2026
Years of Growth
2
Frequency
monthly
Beta
1.37
Market Cap
$503.8M
P/E Ratio
5.7
5-Yr Total Return
4%
52-Week Range
$25.68 – $31.26
Dividend Safety
C · 65/100
Ever Cut?
Yes (2023)
ETO ex-dividend date & scheduleNext ex-date Jun 15, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $2.08 / yr per share

Per payment (monthly)$17.33
Annual$208.00
Monthly avg$17.33