Why Eaton Vance is a Top 25 SAFE Dividend Stock (EV)
Eaton Vance Corp (Symbol: EV) has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 3.3% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ''DividendRank'' report.
According to the ETF Finder at ETF Channel, Eaton Vance Corp is a member of the iShares S&P 1500 Index ETF (ITOT), and is also an underlying holding representing 1.37% of the SPDR S&P Dividend ETF (SDY), which holds $254,040,817 worth of EV shares.
Eaton Vance Corp (Symbol: EV) made the "Dividend Channel S.A.F.E. 25" list because of these qualities: S. Solid return — hefty yield and strong DividendRank characteristics; A. Accelerating amount — consistent dividend increases over time; F. Flawless history — never a missed or lowered dividend; E. Enduring — at least two decades of dividend payments.
The annualized dividend paid by Eaton Vance Corp is $1.4/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 04/29/2019. Below is a long-term dividend history chart for EV, which the report stressed as being of key importance.
EV operates in the Asset Management sector, among companies like T Rowe Price Group Inc. (TROW), and Blackstone Group LP (BX).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.