Today, Eaton Vance (EV) announced a 25% increase in the company's quarterly cash dividend. The new quarterly dividend increases to 15 cents per share versus 12 cents per share in the same period last year. The estimated payout ratio for 2008 is approximately 29% based on estimated year end (10/2008) earnings of $2.08. This is essentially in line with the 5-year historical payout ratio of approximately 27%.
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