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Definitive Analysis

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Page: Dividend Discount Model

Eaton Vance Limited Duration Income Fund

Ticker: EVV | Industry: Asset Management - Income | Sector: Financial Services
$9.92 -0.04 (-0.40%)
As of: 2026-01-15

Master Data Export


Dividend Discount Models Snapshot

ModelRangeSelected
Stable Growth DDM$3.62 - $4.21$3.93
Multi-Stage DDM$2.69 - $3.02$2.85
Blended Fair Value$3.39
Stock Price$9.89

Dividend History (Last 10 Years)

Metric2025202420232022202120202019201820172016
DPS0.9350.9391.2001.1931.2001.0170.8240.9611.1131.226
YoY %-0.43%-21.78%0.57%-0.57%17.99%23.40%-14.24%-13.63%-9.27%1.26%
Yield9.450%9.490%12.133%12.065%12.133%10.283%8.333%9.717%11.251%12.400%

CAGRValue
5 Year-1.68%
10 Year-2.56%

Discounted Dividend Model - Stable Growth

MetricRangeSelected
LT Growth-24.71% to -22.71%-23.71%
WACC9.00%9.00%
Fair Value$3.62 - $4.21$3.93

Calculation Details (Millions)

MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(*) Adjusted Net Income99.8699.8699.86
(=) Cash Required19.9712.487.49
Cash Retained99.8699.8699.86
(-) Cash Required-19.97-12.48-7.49
(=) Excess Retained79.8987.3892.37
(/) Shares Outstanding116,357,917116,357,917116,357,917
(=) Excess Retained per Share0.690.750.79
LTM Dividend per Share0.9350.9350.935
(+) Excess Retained per Share0.690.750.79
(=) Adjusted Dividend1.6211.6851.728

Multi-Stage Projections (BASE Case - Millions)

MetricTTMYear 1Year 2Year 3Year 4Year 5
Net Income99.8676.1858.1244.3333.8225.80
Payout Ratio108.9%25.0%41.0%57.0%73.0%90.0%
Projected Dividends108.7419.0523.8325.2724.6923.22

Multi-Stage Valuation (Millions)

Present ValuesLOWBASEHIGH
Year 1 PV18.0018.2418.48
Year 2 PV20.3920.9421.49
Year 3 PV19.5820.3721.18
Year 4 PV17.3218.2619.24
Year 5 PV14.7515.7616.82
TV PV222.80237.99254.00
Equity Value312.85331.56351.21
Fair Value$2.69$2.85$3.02
Stock Price$9.89$9.89$9.89

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