ETV (Eaton Vance Tax-Managed Buy-Write Opp) Dividend Payout Ratio: 0.34 (As of Dec. 2025) — 35% Below Median


ETV Eaton Vance Tax-Managed Buy-Write Opp ETV
60 GF Score
Price $14.58
GF Value $12.29
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Eaton Vance Tax-Managed Buy-Write Opp Dividend Payout Ratio?

Eaton Vance Tax-Managed Buy-Write Opp ETV +0.14% 60 Dividend Payout Ratio is 0.34 as of Dec. 2025, which is 35% below its 10-year median of 0.52. GuruFocus rates ETV with a GF Score™ of 60/100 and a GF Value™ of $12.29 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 931 Asset Management companies, Eaton Vance Tax-Managed Buy-Write Opp ranks better than 54.67% 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-Managed Buy-Write Opp's Dividend Payout Ratio for the months ended in Dec. 2025 was 0.34.

The historical rank and industry rank for Eaton Vance Tax-Managed Buy-Write Opp's Dividend Payout Ratio or its related term are showing as below:

ETV' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.52   Max: 1.15
Current: 0.63


During the past 9 years, the highest Dividend Payout Ratio of Eaton Vance Tax-Managed Buy-Write Opp was 1.15. The lowest was 0.40. And the median was 0.52.

ETV's Dividend Payout Ratio is ranked better than
54.67% of 931 companies
in the Asset Management industry
Industry Median: 0.7 vs ETV: 0.63

As of today (2026-06-29), the Dividend Yield % of Eaton Vance Tax-Managed Buy-Write Opp is 8.17%.

During the past 9 years, the highest Trailing Annual Dividend Yield of Eaton Vance Tax-Managed Buy-Write Opp was 13.68%. The lowest was 7.84%. And the median was 8.80%.

Eaton Vance Tax-Managed Buy-Write Opp's Dividends per Share for the months ended in Dec. 2025 was $0.60.

During the past 12 months, Eaton Vance Tax-Managed Buy-Write Opp's average Dividends Per Share Growth Rate was 1.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -2.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -2.90% 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-Managed Buy-Write Opp (NYSE:ETV) 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-Managed Buy-Write Opp Dividend Payout Ratio Related Terms


Eaton Vance Tax-Managed Buy-Write Opp Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Eaton Vance Tax-Managed Buy-Write Opp'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-Managed Buy-Write Opp Dividend Payout Ratio Chart

Eaton Vance Tax-Managed Buy-Write Opp Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only 0.46 0.00 0.51 0.40 0.63

Eaton Vance Tax-Managed Buy-Write Opp Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.02 0.36 0.46 4.26 0.34

ETV vs STEW, RQI, BST: Dividend Payout Ratio Comparison

For the Asset Management subindustry, Eaton Vance Tax-Managed Buy-Write Opp'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-Managed Buy-Write Opp Dividend Payout Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance Tax-Managed Buy-Write Opp's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Eaton Vance Tax-Managed Buy-Write Opp's Dividend Payout Ratio falls into.


ETV
60GF Score
Eaton Vance Tax-Managed Buy-Write Opp ETV
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eaton Vance Tax-Managed Buy-Write Opp 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-Managed Buy-Write Opp's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=1.192/ 1.9
=0.63

Eaton Vance Tax-Managed Buy-Write Opp's Dividend Payout Ratio for the quarter that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2025 )/ EPS without NRI (Q: Dec. 2025 )
=0.596/ 1.76
=0.34

* 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 0.34 mean?
Eaton Vance Tax-Managed Buy-Write Opp (ETV) has a Dividend Payout Ratio of 0.34 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Eaton Vance Tax-Managed Buy-Write Opp and its competitors. This is 35% below median its historical median of 0.52. Over the past decade, Eaton Vance Tax-Managed Buy-Write Opp's Dividend Payout Ratio has ranged from 0.40 to 1.15. According to the industry distribution chart, Eaton Vance Tax-Managed Buy-Write Opp ranks #422 out of 931 companies in the Asset Management industry, placing it in the top 45.3%.
Is Eaton Vance Tax-Managed Buy-Write Opp's Dividend Payout Ratio too high?
Eaton Vance Tax-Managed Buy-Write Opp's current Dividend Payout Ratio of 0.34 is 35% below median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 1.15. The Asset Management industry median Dividend Payout Ratio is 0.70. Eaton Vance Tax-Managed Buy-Write Opp's value of 0.34 is 51.4% below this industry median. Based on the distribution chart, Eaton Vance Tax-Managed Buy-Write Opp ranks #422 out of 931 companies in the Asset Management industry, which is above the industry midpoint. Overall, Eaton Vance Tax-Managed Buy-Write Opp has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eaton Vance Tax-Managed Buy-Write Opp's Dividend Payout Ratio compare to STEW and RQI?
According to the Asset Management industry distribution chart, Eaton Vance Tax-Managed Buy-Write Opp ranks #422 out of 931 companies for Dividend Payout Ratio. This puts Eaton Vance Tax-Managed Buy-Write Opp in the upper half of its industry. The industry median Dividend Payout Ratio is 0.70. Eaton Vance Tax-Managed Buy-Write Opp's value of 0.34 is 51.4% below this benchmark. Historically, Eaton Vance Tax-Managed Buy-Write Opp's own Dividend Payout Ratio has ranged from 0.40 to 1.15 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 0.70, Eaton Vance Tax-Managed Buy-Write Opp 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 0.70, based on 931 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-Managed Buy-Write Opp's current Dividend Payout Ratio of 0.34 is 51.4% 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-Managed Buy-Write Opp and its competitors. For the Asset Management industry, the median Dividend Payout Ratio is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eaton Vance Tax-Managed Buy-Write Opp's current Dividend Payout Ratio is 0.34, which is 35% below median its own 10-year median of 0.52. 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-Managed Buy-Write Opp stock overvalued right now?
Based on GuruFocus' analysis, Eaton Vance Tax-Managed Buy-Write Opp (ETV) is currently considered Modestly Overvalued. The stock's GF Value™ is $12.29, compared to a current price of $14.58 — trading 18.6% above its estimated fair value. The current Dividend Payout Ratio is 0.34, which is 35% below median its 10-year median of 0.52 and 51.4% below the Asset Management industry median of 0.70. Eaton Vance Tax-Managed Buy-Write Opp's overall GF Score™ is 60/100 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-Managed Buy-Write Opp (ETV), the current Dividend Payout Ratio is 0.34 as of Dec. 2025. 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-Managed Buy-Write Opp (ETV) Overvalued in 2026?

Based on GuruFocus' analysis, Eaton Vance Tax-Managed Buy-Write Opp stock appears to be overvalued. The current stock price of $14.58 is trading 18.6% above its estimated GF Value™ of $12.29. GuruFocus considers Eaton Vance Tax-Managed Buy-Write Opp to be Modestly Overvalued.

Key valuation signals for ETV:

  • Dividend Payout Ratio: 0.34 (35% below median its 10-year median of 0.52)
  • GF Value™: $12.29 vs. price of $14.58 (18.6% above fair value)
  • GF Score™: 60/100 with 6 warning signs
  • Industry Position: 51.4% below the Asset Management median (#422 of 931)

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


Eaton Vance Tax-Managed Buy-Write Opp Business Description

Address One Post Office Square, Boston, MA, USA, 02109
Eaton Vance Tax-Managed Buy-Write Opp is a United States-based diversified, closed-end management investment company. Its primary investment objective is to provide current income and gains. The secondary objective of the fund is capital appreciation. Under normal market conditions, the Fund invests at least 80% of its total assets in a diversified portfolio of common stocks, designated segments of which seek to exceed the total return performance of the S&P 500 and the NASDAQ-100.
60GF Score

Get the complete analysis for ETV

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

$14.58
Price
$12.29
GF Value