ETO (Eaton Vance Tax-advtgd Global Divid Oppo) Dividend Payout Ratio: 0.37 (As of Apr. 2026) — 16% Below Median

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ETO Eaton Vance Tax-advtgd Global Divid Oppo ETO
53 GF Score
Price $31.54
GF Value $55.24
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Eaton Vance Tax-advtgd Global Divid Oppo Dividend Payout Ratio?

Eaton Vance Tax-advtgd Global Divid Oppo ETO +0.06% 53 Dividend Payout Ratio is 0.37 as of Apr. 2026, which is 16% below its 10-year median of 0.44. GuruFocus rates ETO with a GF Score™ of 53/100 and a GF Value™ of $55.24 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 938 Asset Management companies, Eaton Vance Tax-advtgd Global Divid Oppo ranks better than 79.42% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Eaton Vance Tax-advtgd Global Divid Oppo's Dividend Payout Ratio for the months ended in Apr. 2026 was 0.37.

The historical rank and industry rank for Eaton Vance Tax-advtgd Global Divid Oppo's Dividend Payout Ratio or its related term are showing as below:

ETO' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.44   Max: 4.22
Current: 0.25


During the past 9 years, the highest Dividend Payout Ratio of Eaton Vance Tax-advtgd Global Divid Oppo was 4.22. The lowest was 0.17. And the median was 0.44.

ETO's Dividend Payout Ratio is ranked better than
79.42% of 938 companies
in the Asset Management industry
Industry Median: 0.67 vs ETO: 0.25

As of today (2026-08-20), the Dividend Yield % of Eaton Vance Tax-advtgd Global Divid Oppo is 6.60%.

During the past 9 years, the highest Trailing Annual Dividend Yield of Eaton Vance Tax-advtgd Global Divid Oppo was 14.46%. The lowest was 5.45%. And the median was 7.95%.

Eaton Vance Tax-advtgd Global Divid Oppo's Dividends per Share for the months ended in Apr. 2026 was $1.04.

During the past 3 years, the average Dividends Per Share Growth Rate was -1.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 0.70% per year.

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Eaton Vance Tax-advtgd Global Divid Oppo was 1.40% per year. The lowest was -5.50% per year. And the median was -2.35% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Eaton Vance Tax-advtgd Global Divid Oppo (NYSE:ETO) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Eaton Vance Tax-advtgd Global Divid Oppo Dividend Payout Ratio Related Terms


Eaton Vance Tax-advtgd Global Divid Oppo Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Eaton Vance Tax-advtgd Global Divid Oppo's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Eaton Vance Tax-advtgd Global Divid Oppo Dividend Payout Ratio Chart

Eaton Vance Tax-advtgd Global Divid Oppo Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only 0.17 0.00 0.70 0.27 0.39

Eaton Vance Tax-advtgd Global Divid Oppo Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.18 0.48 0.00 0.19 0.37

ETO vs EIM, TWN, BLW: Dividend Payout Ratio Comparison

For the Asset Management subindustry, Eaton Vance Tax-advtgd Global Divid Oppo's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Eaton Vance Tax-advtgd Global Divid Oppo Dividend Payout Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance Tax-advtgd Global Divid Oppo's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Eaton Vance Tax-advtgd Global Divid Oppo's Dividend Payout Ratio falls into.


ETO
53GF Score
Eaton Vance Tax-advtgd Global Divid Oppo ETO
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eaton Vance Tax-advtgd Global Divid Oppo Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Eaton Vance Tax-advtgd Global Divid Oppo's Dividend Payout Ratio for the fiscal year that ended in Oct. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Oct. 2025 )/ EPS without NRI (A: Oct. 2025 )
=2.08/ 5.38
=0.39

Eaton Vance Tax-advtgd Global Divid Oppo's Dividend Payout Ratio for the quarter that ended in Apr. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Apr. 2026 )/ EPS without NRI (Q: Apr. 2026 )
=1.04/ 2.85
=0.36

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.37 mean?
Eaton Vance Tax-advtgd Global Divid Oppo (ETO) has a Dividend Payout Ratio of 0.37 as of Apr. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Eaton Vance Tax-advtgd Global Divid Oppo and its competitors. This is 16% below median its historical median of 0.44. Over the past decade, Eaton Vance Tax-advtgd Global Divid Oppo's Dividend Payout Ratio has ranged from 0.17 to 4.22. According to the industry distribution chart, Eaton Vance Tax-advtgd Global Divid Oppo ranks #193 out of 938 companies in the Asset Management industry, placing it in the top 20.6%.
Is Eaton Vance Tax-advtgd Global Divid Oppo's Dividend Payout Ratio too high?
Eaton Vance Tax-advtgd Global Divid Oppo's current Dividend Payout Ratio of 0.37 is 16% below median its 10-year median of 0.44. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 4.22. The Asset Management industry median Dividend Payout Ratio is 0.67. Eaton Vance Tax-advtgd Global Divid Oppo's value of 0.37 is 44.8% below this industry median. Based on the distribution chart, Eaton Vance Tax-advtgd Global Divid Oppo ranks #193 out of 938 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Eaton Vance Tax-advtgd Global Divid Oppo has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Eaton Vance Tax-advtgd Global Divid Oppo's Dividend Payout Ratio compare to EIM and TWN?
According to the Asset Management industry distribution chart, Eaton Vance Tax-advtgd Global Divid Oppo ranks #193 out of 938 companies for Dividend Payout Ratio. This places Eaton Vance Tax-advtgd Global Divid Oppo in the top 21% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.67. Eaton Vance Tax-advtgd Global Divid Oppo's value of 0.37 is 44.8% below this benchmark. Historically, Eaton Vance Tax-advtgd Global Divid Oppo's own Dividend Payout Ratio has ranged from 0.17 to 4.22 over the past decade. While the company's 10-year median is 0.44 vs. the industry median of 0.67, Eaton Vance Tax-advtgd Global Divid Oppo has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Asset Management company?
The median Dividend Payout Ratio among Asset Management companies is 0.67, based on 938 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Eaton Vance Tax-advtgd Global Divid Oppo's current Dividend Payout Ratio of 0.37 is 44.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Eaton Vance Tax-advtgd Global Divid Oppo and its competitors. For the Asset Management industry, the median Dividend Payout Ratio is 0.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eaton Vance Tax-advtgd Global Divid Oppo's current Dividend Payout Ratio is 0.37, which is 16% below median its own 10-year median of 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eaton Vance Tax-advtgd Global Divid Oppo stock overvalued right now?
Based on GuruFocus' analysis, Eaton Vance Tax-advtgd Global Divid Oppo (ETO) is currently considered Possible Value Trap. The stock's GF Value™ is $55.24, compared to a current price of $31.54 — trading 42.9% below its estimated fair value. The current Dividend Payout Ratio is 0.37, which is 16% below median its 10-year median of 0.44 and 44.8% below the Asset Management industry median of 0.67. Eaton Vance Tax-advtgd Global Divid Oppo's overall GF Score™ is 53/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Eaton Vance Tax-advtgd Global Divid Oppo (ETO), the current Dividend Payout Ratio is 0.37 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Eaton Vance Tax-advtgd Global Divid Oppo (ETO) Overvalued in 2026?

Based on GuruFocus' analysis, Eaton Vance Tax-advtgd Global Divid Oppo stock appears to be undervalued. The current stock price of $31.54 is trading 42.9% below its estimated GF Value™ of $55.24. GuruFocus considers Eaton Vance Tax-advtgd Global Divid Oppo to be Possible Value Trap.

Key valuation signals for ETO:

  • Dividend Payout Ratio: 0.37 (16% below median its 10-year median of 0.44)
  • GF Value™: $55.24 vs. price of $31.54 (42.9% below fair value)
  • GF Score™: 53/100 with 6 warning signs
  • Industry Position: 44.8% below the Asset Management median (#193 of 938)

No single metric tells the full story. See the ETO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eaton Vance Tax-advtgd Global Divid Oppo Business Description

Address One Post Office Square, Boston, MA, USA, 02109
Eaton Vance Tax-advtgd Global Divid Oppo is a diversified, closed-end management investment company. Its investment objective is to provide a high level of after-tax total return consisting of tax-advantaged dividend income and capital appreciation. The fund pursues its objective by investing in dividend-paying common and preferred stocks. The portfolio of investments consists of capital markets, chemicals, diversified, beverages, banks, electric utilities, oil, gas, and consumable fuels, personal products, and other areas.
53GF Score

Get the complete analysis for ETO

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$31.54
Price
$55.24
GF Value