Eaton Vance Enhanced Equity Income Fund Announces Monthly Dividend of $0.13 (NYSE:EOI)

Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) declared a monthly dividend on Tuesday, February 4th,Wall Street Journal reports. Shareholders of record on Friday, February 14th will be given a dividend of 0.1338 per share on Friday, February 28th. This represents a $1.61 annualized dividend and a yield of 7.70%. The ex-dividend date of this dividend is Friday, February 14th.

Eaton Vance Enhanced Equity Income Fund has raised its dividend payment by an average of 9.2% annually over the last three years.

Eaton Vance Enhanced Equity Income Fund Trading Down 0.2 %

Shares of Eaton Vance Enhanced Equity Income Fund stock traded down $0.04 during trading on Tuesday, reaching $20.86. The company’s stock had a trading volume of 86,944 shares, compared to its average volume of 82,134. Eaton Vance Enhanced Equity Income Fund has a 52 week low of $17.10 and a 52 week high of $22.10. The business’s 50-day moving average price is $21.13 and its 200-day moving average price is $20.22.

About Eaton Vance Enhanced Equity Income Fund

Eaton Vance Enhanced Equity Income Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund invests in the stocks of large-cap and mid-cap companies with a focus on investing in companies with above average growth and financial condition against valuation in selecting individual securities.