Eaton Vance Tax-Managed Buy-Write Opportunities Fund
ETVFinancial Services · Stock · monthly payer
$14.93
Add to PortfolioForward Yield
7.98%
Annual Dividend
$1.19
Payout Ratio
63%
5-Yr Growth
-2.3%
Ex-Date
Jun 15, 2026
Frequency
Monthly
ETV Dividend Safety Score
59/ 100
Grade C
Borderline
Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage63% 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 ETV a good dividend stock?
Yes, with caveatsEaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV) pays a monthly dividend yielding 7.98% ($1.19/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
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 7.98%
- Payout Ratio
- 63%
- Annual Dividend
- $1.19
- 5-Yr Avg Growth
- -2.3%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 2
- Frequency
- monthly
- Beta
- 0.84
- Market Cap
- $1.7B
- P/E Ratio
- 7.9
- 5-Yr Total Return
- -9%
- 52-Week Range
- $13.13 – $14.95
- Dividend Safety
- C · 59/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 15, 2026 | — | $0.0990 | regular |
| Apr 15, 2026 | — | $0.0990 | regular |
| Mar 16, 2026 | — | $0.0990 | regular |
| Feb 17, 2026 | — | $0.0990 | regular |
| Jan 15, 2026 | — | $0.0990 | regular |
| Dec 15, 2025 | — | $0.0990 | regular |
| Nov 14, 2025 | — | $0.0990 | regular |
| Oct 15, 2025 | — | $0.0990 | regular |
| Sep 15, 2025 | — | $0.0990 | regular |
| Aug 15, 2025 | — | $0.0990 | regular |
| Jul 15, 2025 | — | $0.0990 | regular |
| Jun 16, 2025 | — | $0.0990 | regular |
| May 15, 2025 | — | $0.0990 | regular |
| Apr 15, 2025 | — | $0.0990 | regular |
Income Calculator
At $1.19 / yr per share
Per payment (monthly)$9.92
Annual$119.00
Monthly avg$9.92
