Is Eaton Vance Municipal Income Trust a good dividend stock?

Eaton Vance Municipal Income Trust (EVN) is a dividend-paying stock with a current dividend yield of 5.09%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is EVN's dividend yield?

The dividend yield for EVN stock is currently 5.09%.

How much does EVN pay in dividends per year?

Eaton Vance Municipal Income Trust pays an annual dividend of $0.5643 per share over the trailing twelve months.

How often does EVN pay dividends?

EVN stock pays dividends monthly.

Is EVN's dividend growing?

Eaton Vance Municipal Income Trust's 3-year dividend CAGR is 7.04%.

EVN Stock Price, Chart, Stats & News

Eaton Vance Municipal Income Trust

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Overview Dividend safety Dividends Fundamentals

Eaton Vance Municipal Income Trust (EVN) is a dividend-paying stock with a current dividend yield of 5.09% as of Jul 13, 2026. It pays $0.5643 per share over the trailing twelve months and distributes monthly. Its dividend has grown at a 1.42% 5-year compound annual rate.

442.57M

Market cap

8.41x

Current P/E

–

Forward P/E

5.09%

Dividend yield

$0.5643

EVN dividend

Dividend safety

Strong

Dividend coverage looks healthy — EVN pays out about 43% of earnings.

See the safety analysis

EVN chart

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Fundamentals

Gross margin	110.48%
Operating margin	35.85%
Pretax margin	2.30%
Net margin	2.30%
Effective tax rate	–
ROA	0.07%
ROE	0.10%
D/E	0.46x
Interest coverage ratio	1.07x

All financials

EVN valuation

P/E	8.41x
P/S	21.96x
P/B	0.93x
P/CF	-168.07x
P/FCF	-169.07x
P/OCF	-168.07x
PEG	7.13x
EV multiple	6.85x

About

Financial Services

Sector

Asset Management - Income

Industry

The Eaton Vance Municipal Income Trust functions as a closed-end investment vehicle, with its management overseen by Eaton Vance Management. Its core strategy involves primarily allocating capital to high-quality municipal debt instruments. These investments are diversified across numerous public sector areas, including cogeneration, education, electric utilities, general obligations, healthcare, hospitals, housing, transportation, and nursing homes.