Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) to Issue $0.13 Monthly Dividend

Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) announced a monthly dividend on Friday, November 1st,Wall Street Journal reports. Shareholders of record on Thursday, November 21st will be paid a dividend of 0.1338 per share on Friday, November 29th. This represents a $1.61 annualized dividend and a yield of 7.55%. The ex-dividend date of this dividend is Thursday, November 21st.

Eaton Vance Enhanced Equity Income Fund has raised its dividend payment by an average of 6.8% annually over the last three years.

Eaton Vance Enhanced Equity Income Fund Trading Up 0.4 %

NYSE:EOI opened at $21.26 on Wednesday. The firm’s fifty day moving average price is $20.14 and its two-hundred day moving average price is $19.38. Eaton Vance Enhanced Equity Income Fund has a one year low of $15.59 and a one year high of $21.35.

Eaton Vance Enhanced Equity Income Fund Company Profile

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.