Eaton Vance Municipal Income Trust
EVNFinancial Services · Stock · monthly payer
$10.82
Add to PortfolioForward Yield
5.69%
Annual Dividend
$0.62
Payout Ratio
6156%
5-Yr Growth
1.2%
Ex-Date
Jun 12, 2026
Frequency
Monthly
EVN Dividend Safety Score
53/ 100
Grade C
Borderline
Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage6156% of earnings paid out
Balance-sheet strengthDebt/equity of 0.46
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 EVN a good dividend stock?
MixedEaton Vance Municipal Income Trust (EVN) pays a monthly dividend yielding 5.69% ($0.62/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 (6156%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 5.69%
- Payout Ratio
- 6156%
- Annual Dividend
- $0.62
- 5-Yr Avg Growth
- 1.2%
- Ex-Dividend Date
- Jun 12, 2026
- Years of Growth
- 2
- Frequency
- monthly
- Beta
- 0.64
- Market Cap
- $431.8M
- P/E Ratio
- 1082.0
- 5-Yr Total Return
- -23%
- 52-Week Range
- $10.09 – $11.23
- Dividend Safety
- C · 53/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 14, 2026 | — | $0.0510 | regular |
| Apr 14, 2026 | — | $0.0510 | regular |
| Mar 13, 2026 | — | $0.0510 | regular |
| Feb 13, 2026 | — | $0.0510 | regular |
| Jan 14, 2026 | — | $0.0510 | regular |
| Dec 12, 2025 | — | $0.0510 | regular |
| Nov 13, 2025 | — | $0.0510 | regular |
| Oct 14, 2025 | — | $0.0510 | regular |
| Sep 12, 2025 | — | $0.0510 | regular |
| Aug 13, 2025 | — | $0.0510 | regular |
| Jul 11, 2025 | — | $0.0510 | regular |
| Jun 13, 2025 | — | $0.0510 | regular |
| May 13, 2025 | — | $0.0510 | regular |
| Apr 11, 2025 | — | $0.0510 | regular |
Income Calculator
At $0.62 / yr per share
Per payment (monthly)$5.17
Annual$62.00
Monthly avg$5.17
