Dividend Information About Eaton Vance Tax-Advantaged Dividend Income Fund: Everything You Need to Know Before Its Ex-Dividend Date of Oct 15, 2025

Eaton Vance Tax-Advantaged Dividend Income Fund (EVT) has announced a cash dividend of $0.1646 per share, to be paid on Oct 31, 2025. The ex-dividend date for this payout is Oct 15, 2025, meaning investors must own shares by this date to receive the distribution. The announcement was made on Oct 1, 2025, following the last dividend, which was also declared on Sep 30, 2025, with the same amount of $0.1646 per share. The most recent dividend is higher than the average of the last 10 dividends, which stands at $0.1328 per share. This suggests a recent uptick in the fund’s payout, potentially reflecting a stronger performance or strategic adjustments in its investment approach.

Over the past week, analysts have highlighted the growing appeal of EVT as a value play, especially with its current trading discount to net asset value (NAV). As of late, the fund trades at approximately an 8% discount to its NAV, which is wider than its long-term average of around 5%. This discount has widened significantly in recent days, offering potential upside for investors who believe the market will eventually correct this valuation gap. The fund’s investment strategy remains focused on acquiring dividend-paying equity securities from both U.S. and foreign companies, with a particular emphasis on businesses with strong cash flows and stable earnings.

Since the last update, EVT has maintained a solid lineup of top holdings, including JPMorgan Chase & Co., Amazon.com Inc., 3M Co., Wells Fargo & Co., and Bank of America Corp. These positions contribute to the fund’s strong yield and diversified exposure. Source reported that EVT currently offers a yield of around 8%, significantly higher than the broader market average, and it distributes dividends on a monthly basis, which is a rarity in the closed-end fund space. This makes EVT an attractive option for income-focused investors seeking regular cash flow.

In conclusion, Eaton Vance Tax-Advantaged Dividend Income Fund remains a compelling option for those seeking high yields in a tax-efficient wrapper. With a recent increase in dividend amount, a widening discount to NAV, and a robust portfolio of blue-chip holdings, the fund appears to be well-positioned to deliver value in the near term. Notably, the ex-dividend date of Oct 15, 2025, marks the last day for investors to purchase shares and still be eligible for the upcoming $0.1646 per share dividend. Any purchase made after this date will not qualify for the distribution.