SmarterDividends
EVG

Eaton Vance Short Duration Diversified Income Fund

EVG

Financial Services · Stock · monthly payer

Forward Yield

8.31%

Annual Dividend

$0.89

Payout Ratio

82%

5-Yr Growth

-0.3%

Ex-Date

Jun 15, 2026

Frequency

Monthly

EVG Dividend Safety Score

56/ 100
Grade C

Borderline

Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2025
Earnings payout coverage82% 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 EVG a good dividend stock?

Mixed

Eaton Vance Short Duration Diversified Income Fund (EVG) pays a monthly dividend yielding 8.31% ($0.89/yr), with 0 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 2025
    • 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
    8.31%
    Payout Ratio
    82%
    Annual Dividend
    $0.89
    5-Yr Avg Growth
    -0.3%
    Ex-Dividend Date
    Jun 15, 2026
    Years of Growth
    0
    Frequency
    monthly
    Beta
    0.43
    Market Cap
    $143.6M
    P/E Ratio
    9.7
    5-Yr Total Return
    -20%
    52-Week Range
    $10.40 – $11.45
    Dividend Safety
    C · 56/100
    Ever Cut?
    Yes (2025)
    EVG ex-dividend date & scheduleNext ex-date Jun 15, 2026 · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $0.89 / yr per share

    Per payment (monthly)$7.42
    Annual$89.00
    Monthly avg$7.42