SmarterDividends
EVT

Eaton Vance Tax-Advantaged Dividend Income Fund

EVT

Financial Services · Stock · monthly payer

Forward Yield

7.27%

Annual Dividend

$1.98

Payout Ratio

79%

5-Yr Growth

2.6%

Ex-Date

Jun 15, 2026

Frequency

Monthly

EVT Dividend Safety Score

60/ 100
Grade C

Borderline

Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage79% of earnings paid out
Balance-sheet strengthDebt/equity of 0.22
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 EVT a good dividend stock?

Yes, with caveats

Eaton Vance Tax-Advantaged Dividend Income Fund (EVT) pays a monthly dividend yielding 7.27% ($1.98/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
    • Share price is down over the past 5 years

    Key Data

    Dividend Yield
    7.27%
    Payout Ratio
    79%
    Annual Dividend
    $1.98
    5-Yr Avg Growth
    2.6%
    Ex-Dividend Date
    Jun 15, 2026
    Years of Growth
    2
    Frequency
    monthly
    Beta
    1.03
    Market Cap
    $2.0B
    P/E Ratio
    10.9
    5-Yr Total Return
    -3%
    52-Week Range
    $23.00 – $27.22
    Dividend Safety
    C · 60/100
    Ever Cut?
    Yes (2023)
    EVT ex-dividend date & scheduleNext ex-date Jun 15, 2026 · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $1.98 / yr per share

    Per payment (monthly)$16.50
    Annual$198.00
    Monthly avg$16.50