Eaton Vance Corp a Top Ranked SAFE Dividend Stock With 2.5% Yield (EV)
ETF Channel Staff - Thursday, January 10, 10:07 AMEaton Vance Corp (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 2.5% 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 $126,874,387 worth of EV shares.
Eaton Vance Corp (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 $0.80/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 12/13/2012. 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 Franklin Resources, Inc. (BEN), and T Rowe Price Group Inc. (TROW).