Eaton Vance Tax-Managed Diversified Equity Income Fund

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

Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) pays a monthly dividend yielding 8.05% ($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.

Key Data

Dividend Yield

8.05%

Payout Ratio

62%

Annual Dividend

$1.19

5-Yr Avg Growth

3.3%

Ex-Dividend Date

Jun 15, 2026

Years of Growth

2

Frequency

monthly

Beta

0.98

Market Cap

$2.4B

P/E Ratio

7.7

5-Yr Total Return

4%

52-Week Range

$13.12 – $16.03

Dividend Safety

C · 58/100

Ever Cut?

Yes (2023)

Frequently Asked Questions