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EXG

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) Dividend

Eaton Vance Tax-Managed Global Diversified Equity Income Fund · Financial Services · Asset Management · monthly payer

$9.45

Undervalued · +81% Add to Portfolio

As of Nov 9, 2026, Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) pays a monthly dividend, or $0.89 a year, a 9.37% yield at its $9.45 share price. The next ex-dividend date is Nov 16, 2026, paid Nov 30, 2026. It has raised its dividend 2 years in a row and has a dividend safety grade of C.

Forward Yield

9.37%

Annual Dividend

$0.89

Payout Ratio

35%

5-Yr Growth

1.3%

Ex-Date

Nov 16, 2026

Frequency

Monthly

Key facts about EXG's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 9, 2026, Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) has a forward dividend yield of 9.37%, based on an annual dividend of $0.89 per share and a share price of $9.45.
  • As of Nov 9, 2026, EXG's dividend safety grade from SmarterDividends is C (65 out of 100), which rates the dividend as borderline.
  • By SmarterDividends' count, Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) has raised its dividend for 2 consecutive years as of Nov 9, 2026.
  • EXG last cut its regular dividend in 2023.
  • EXG's next ex-dividend date is Nov 16, 2026, with payment on Nov 30, 2026. Shares must be owned before that date to receive the dividend.
  • As of Nov 9, 2026, EXG pays out 35% of its trailing 12-month earnings as dividends (its payout ratio).
  • EXG's dividend has grown at an average rate of 1.3% a year over the past five years.
  • As of Nov 9, 2026, SmarterDividends' blended fair-value estimate for EXG is $17.06 per share, 81% above the $9.45 share price, so EXG screens as undervalued.
  • Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) pays its dividend monthly, 12 times a year.
  • Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) has raised its regular dividend 2 times and cut it 7 times across the 189 payments on record since 2007. Its most recent change was a 20.0% increase to $0.0660 per share, going ex-dividend on Apr 22, 2024. The last cut went ex-dividend on Nov 22, 2022.
Cite this page

SmarterDividends, "EXG Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 9, 2026, https://smarterdividends.com/stocks/EXG

Is EXG a good dividend stock?

Yes, with caveats

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) pays a monthly dividend yielding 9.37% ($0.89/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

  • Comfortable payout ratio (35%)

Risks

  • Cut its dividend in 2023
  • Very high yield can signal elevated risk
  • Share price is down over the past 5 years

Key Data

Dividend Yield
9.37%
Payout Ratio
35%
Annual Dividend
$0.89
5-Yr Avg Growth
1.3%
Ex-Dividend Date
Nov 16, 2026
Years of Growth
2
Frequency
monthly
Beta
—
Market Cap
$2.9B
P/E Ratio
4.2
5-Yr Total Return
-7%
52-Week Range
$8.25 – $10.16
Dividend Safety
C · 65/100
Ever Cut?
Yes (2023)

EXG dividend raises and cuts

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) has raised its regular dividend 2 times and cut it 7 times across the 189 payments on record since 2007. Its most recent change was a 20.0% increase to $0.0660 per share, going ex-dividend on Apr 22, 2024. The last cut went ex-dividend on Nov 22, 2022.

Ex-dateChangeOld → newMove
Apr 22, 2024Raise$0.0550 → $0.0660+20.0%
Nov 22, 2022Cut$0.0690 → $0.0550−20.3%
Aug 23, 2021Raise$0.0620 → $0.0690+11.3%
Jan 23, 2019Cut$0.0760 → $0.0620−18.4%
Mar 22, 2017Cut$0.0810 → $0.0760−6.2%
Jan 22, 2013Cut$0.244 → $0.0810−66.8%
May 22, 2012Cut$0.284 → $0.244−14.1%
Feb 16, 2011Cut$0.383 → $0.284−25.8%
Feb 17, 2010Cut$0.475 → $0.383−19.4%
Every EXG payment →Download every raise and cut (CSV)
EXG ex-dividend date & scheduleNext ex-date Nov 16, 2026 · full ex-dividend historyView →EXG dividend historyEvery payment, totals by year, raises and cutsView →EXG dividend calculator100 shares pay $89.00 a year, $7.42 each monthCalculate →EXG total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is EXG a good dividend stock?

Yes, with caveats. Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) pays a monthly dividend yielding 9.37% ($0.89/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.

Is EXG undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, EXG's fair value is about $17.06 versus a $9.45 share price — so it looks undervalued (+81% vs. fair value).

Is EXG's dividend safe?

EXG has a dividend-safety grade of C (65/100), based on its payout coverage, free-cash-flow, 2-year growth streak, a dividend cut in 2023, debt and yield-versus-history.

What is EXG's fair value?

Our blended fair-value estimate for EXG is about $17.06 per share, roughly 81% above the current $9.45 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is EXG a buy, hold, or sell?

We don't issue formal ratings, but on the data EXG screens as "yes, with caveats" and undervalued. Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) pays a monthly dividend yielding 9.37% ($0.89/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. This is research for your own analysis, not investment advice.

Will EXG cut its dividend?

EXG earns a dividend-safety grade of C (65/100), and has cut its dividend before (last in 2023). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does EXG pay a dividend?

Yes. Eaton Vance Tax-Managed Global Diversified Equity Income Fund pays a monthly dividend of about $0.89 per share annually, a forward yield of roughly 9.37%.

How much dividend does 100 shares of EXG pay?

At $0.89 per share a year, 100 shares of EXG pay $89.00 a year in dividends before tax, about $7.42 each month. Buying them costs about $945 at the Nov 9, 2026 price.

What is EXG's dividend yield?

As of Nov 9, 2026, EXG's forward dividend yield is 9.37%, based on a $0.89 annual dividend and a $9.45 share price.

What is EXG's dividend per share?

As of Nov 9, 2026, EXG pays $0.89 per share per year, distributed on a monthly basis.

What is EXG's dividend payout ratio?

As of Nov 9, 2026, EXG's payout ratio is 35% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has EXG grown its dividend?

As of Nov 9, 2026, EXG has increased its dividend for 2 consecutive years.

When is the next EXG ex-dividend date?

As of Nov 9, 2026, the next ex-dividend date on record for EXG is Nov 16, 2026.

Income Calculator

At $0.89 / yr per share

Per payment (monthly)$7.42
Annual$89.00
Monthly avg$7.42
Full EXG dividend calculator →

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