Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) Plans $0.13 Monthly Dividend
by Scott Moore · The Cerbat GemEaton Vance Enhanced Equity Income Fund (NYSE:EOI – Get Free Report) declared a monthly dividend on Wednesday, April 1st. Investors of record on Wednesday, April 15th will be given a dividend of 0.1338 per share on Thursday, April 30th. This represents a c) annualized dividend and a yield of 8.2%. The ex-dividend date of this dividend is Wednesday, April 15th.
Eaton Vance Enhanced Equity Income Fund Price Performance
NYSE:EOI opened at $19.58 on Monday. The business’s fifty day moving average price is $19.83 and its 200 day moving average price is $20.19. Eaton Vance Enhanced Equity Income Fund has a 12 month low of $16.80 and a 12 month high of $21.58.
Eaton Vance Enhanced Equity Income Fund Company Profile
The Eaton Vance Enhanced Equity Income Fund (NYSE: EOI) is a closed-end management investment company that seeks to deliver a high level of current income, with a secondary objective of long-term capital appreciation. The fund invests primarily in dividend-paying common stocks of U.S. companies and may also hold preferred stocks and other equity securities. To enhance income potential, the fund employs a covered-call strategy by selling call options on a portion of its equity portfolio.
Under normal market conditions, the fund’s portfolio managers select large- and mid-capitalization equities with the potential for dividend growth and price appreciation.