Eaton Vance Municipal Income Trust (EVN) Dividend
Eaton Vance Municipal Income Trust (EVN) currently pays a dividend yield of 6.28%, distributing $0.61 per share annually ($0.05 per month). The company operates in the Financial Services sector.
EVN has raised its dividend for 2 consecutive years.
EVN dividend at a glance
| Dividend Yield | 6.28% |
|---|---|
| Annual Dividend | $0.61 per share |
| Per Payment | $0.05 |
| Payout Frequency | Monthly |
| Payments per Year | 12 |
| Next Ex-Dividend Date | November 13, 2026 |
| Next Payment Date | October 26, 2026 |
| Payout Ratio | 66% |
| Consecutive Years of Dividend Growth | 2 |
| Sector | Financial Services |
| Implied Share Price (from yield) | $9.75 |
What EVN pays on a $10,000 investment
At a 6.28% yield, $10,000 invested in EVN generates about $628.00 per year, or roughly $52.33 every month. Share counts below use an implied price of $9.75, derived from the $0.61 annual dividend and the 6.28% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Month |
|---|---|---|---|
| $1,000 | 102.6 | $62.80 | $5.23 |
| $5,000 | 513.1 | $314.00 | $26.17 |
| $10,000 | 1,026.1 | $628.00 | $52.33 |
| $25,000 | 2,565.4 | $1,570.00 | $130.83 |
| $100,000 | 10,261.4 | $6,280.00 | $523.33 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each month — see how the dividend snowball compounds.
EVN dividend payment schedule
EVN pays on a monthly schedule — 12 payments a year. The next confirmed ex-dividend date is November 13, 2026, with payment on October 26, 2026. Later rows are projected forward at the same interval and will shift when Eaton Vance Municipal Income Trust declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| November 13, 2026 | October 26, 2026 | $0.05 | Confirmed |
| December 13, 2026 | November 25, 2026 | $0.05 | Projected |
| January 13, 2027 | December 26, 2026 | $0.05 | Projected |
| February 13, 2027 | January 26, 2027 | $0.05 | Projected |
| March 13, 2027 | February 23, 2027 | $0.05 | Projected |
| April 13, 2027 | March 26, 2027 | $0.05 | Projected |
To collect a EVN dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How EVN's dividend compares
Across the 1000 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.57%. EVN's 6.28% is 2.71 percentage points above that median, ranking 344th of 1000 by yield.
Within Financial Services, where we track 157 names, the median yield is 9.52% — putting EVN below its sector.
Its 2-year run of dividend increases ranks 400th out of the 553 names in our data with an active growth streak.
What the numbers mean
EVN pays out roughly 66% of its earnings as dividends. That is on the higher side — still common for utilities and consumer staples, but it leaves less cushion if earnings dip.
EVN pays monthly, which suits investors who want dividend income to line up with monthly living expenses rather than arriving in quarterly lumps.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
EVN dividend FAQ
When is the next EVN ex-dividend date?
The next EVN ex-dividend date is November 13, 2026, with the payment scheduled for October 26, 2026. You must own shares before the ex-dividend date to receive that payment.
What is EVN's dividend yield?
EVN currently yields 6.28%, based on $0.61 in dividends per share over the past year.
How often does EVN pay dividends?
EVN pays monthly, which works out to 12 payments per year of about $0.05 per share.
How much dividend income would $10,000 of EVN generate?
At the current 6.28% yield, $10,000 invested in EVN would produce roughly $628.00 per year, or about $52.33 per month, before taxes and assuming the dividend holds.
Has EVN increased its dividend?
Yes — EVN has raised its dividend for 2 consecutive years.
EVN dividend history
DivTrkr holds 329 recorded EVN dividend payments going back to 1999, with 2 consecutive complete years of increases and +1.2% a year of growth over the last five complete years. See the full EVN dividend history — every payment, annual totals and growth by year.
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Track EVN dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.