Dividend Update for Eaton Vance Tax-Managed Global Diversified Equity Income Fund: Key Insights Ahead of Oct 15, 2025 Ex-Dividend Date

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) has announced a cash dividend of $0.0657 per share, with the ex-dividend date set for Oct 15, 2025. The dividend will be distributed on Oct 31, 2025, following the announcement on Oct 1, 2025. This payout marks a reduction compared to the average of the last 10 dividend payments, which stood at $0.1120 per share. The most recent dividend, also amounting to $0.0657 per share, was paid out on Sept 30, 2025, with the same cash dividend format. Investors should note that Oct 15, 2025 is the final date to purchase the stock and remain eligible for this dividend distribution; purchases made after this date will not qualify.

Over the past week, several key developments have emerged regarding EXG. First, the fund has drawn attention for its recent reallocation of portfolio holdings toward sectors expected to benefit from global infrastructure expansion. Analysts highlighted that private equity infrastructure investments reached $1.3 trillion in 2024, driven by renewable energy, digital infrastructure, and circular economy initiatives, suggesting a strategic shift in EXG’s exposure to long-term growth areas. Second, the fund has been increasingly emphasized for its focus on dividend-paying equities, a core component of its investment strategy. This has been reinforced by recent performance data showing a forward dividend yield of 8.60%, with an annual payout of $0.79 projected, despite a modest 1.30% five-year growth rate in dividends. Third, recent reports have indicated a review of the fund’s operational efficiency, with a particular focus on managing rising SG&A costs, a trend observed across the broader equity income fund sector. These factors collectively underscore a period of strategic recalibration for EXG, balancing income generation with long-term capital preservation.

In light of these developments, EXG’s latest dividend appears to reflect a measured approach to maintaining its income strategy amid evolving market dynamics. The fund’s closed-ended structure, launched in Feb 2007, continues to provide a stable framework for its tax-managed approach, although recent trends suggest a cautious stance on increasing payouts. As of late, the fund’s forward-looking metrics indicate a strong yield but limited growth prospects. Investors are advised to consider both the recent strategic shifts and the current dividend outlook before making any investment decisions. Notably, the ex-dividend date of Oct 15, 2025 serves as a critical cutoff for investors seeking to participate in this dividend cycle.