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

Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) declared a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Investors of record on Friday, March 14th will be paid a dividend of 0.1338 per share on Monday, March 31st. This represents a $1.61 annualized dividend and a yield of 8.10%. The ex-dividend date of this dividend is Friday, March 14th.

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

Eaton Vance Enhanced Equity Income Fund Trading Down 1.5 %

Shares of NYSE EOI traded down $0.30 during midday trading on Tuesday, reaching $19.81. The company had a trading volume of 97,192 shares, compared to its average volume of 80,036. The business’s 50-day simple moving average is $20.82 and its 200 day simple moving average is $20.49. Eaton Vance Enhanced Equity Income Fund has a 1 year low of $17.10 and a 1 year high of $22.10.

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.