Is Eaton Vance Municipal Income 2028 Term Trust a good dividend stock?

Eaton Vance Municipal Income 2028 Term Trust (ETX) is a dividend-paying stock with a current dividend yield of 5.04%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is ETX's dividend yield?

The dividend yield for ETX stock is currently 5.04%.

How much does ETX pay in dividends per year?

Eaton Vance Municipal Income 2028 Term Trust pays an annual dividend of $0.9384 per share over the trailing twelve months.

How often does ETX pay dividends?

ETX stock pays dividends monthly.

Is ETX's dividend growing?

Eaton Vance Municipal Income 2028 Term Trust's 3-year dividend CAGR is 7.42%.

ETX Stock Price, Chart, Stats & News

Eaton Vance Municipal Income 2028 Term Trust

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Overview Dividend safety Dividends Fundamentals

Eaton Vance Municipal Income 2028 Term Trust (ETX) is a dividend-paying stock with a current dividend yield of 5.04% as of Jul 21, 2026. It pays $0.9384 per share over the trailing twelve months and distributes monthly. Its dividend has grown at a 1.96% 5-year compound annual rate.

202.72M

Market cap

31.27x

Current P/E

–

Forward P/E

5.04%

Dividend yield

$0.9384

ETX dividend

Dividend safety

At-risk

ETX pays out about 158% of earnings, leaving little safety margin.

See the safety analysis

ETX chart

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Fundamentals

Gross margin	43.75%
Operating margin	74.69%
Pretax margin	71.12%
Net margin	71.12%
Effective tax rate	–
ROA	3.10%
ROE	3.21%
D/E	0.03x
Interest coverage ratio	–

All financials

ETX valuation

P/E	31.27x
P/S	22.11x
P/B	1.00x
P/CF	–
P/FCF	–
P/OCF	–
PEG	-9.48x
EV multiple	28.62x

About

Financial Services

Sector

Asset Management - Income

Industry

The Eaton Vance Municipal Income 2028 Term Trust is a closed-end mutual fund, initiated and actively managed by Eaton Vance Management. This fund primarily allocates capital to fixed-income instruments, with a particular focus on generating municipal income. It was established on March 28, 2013, within the United States.