First Trust Enhanced Equity Income Fund (FFA) To Go Ex-Dividend on March 20th

First Trust Enhanced Equity Income Fund (NYSE:FFA) declared a quarterly dividend on Tuesday, March 10th. Stockholders of record on Friday, March 20th will be given a dividend of 0.3875 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 7.2%. The ex-dividend date of this dividend is Friday, March 20th.

First Trust Enhanced Equity Income Fund Stock Up 0.3%

NYSE:FFA opened at $21.42 on Thursday. First Trust Enhanced Equity Income Fund has a 1-year low of $15.00 and a 1-year high of $22.31. The company has a 50-day moving average of $21.92 and a 200 day moving average of $21.67.

First Trust Enhanced Equity Income Fund Company Profile

First Trust Enhanced Equity Income Fund (NYSE:FFA) is a closed-end management investment company managed by First Trust Advisors L.P. The fund seeks to provide total return with an emphasis on current income. To pursue its objective, the fund employs a dual strategy that combines equity ownership in U.S. companies with a systematic covered call option overlay.

FFA primarily invests in a diversified portfolio of common stocks of large- and mid-cap U.S. companies that are selected for their potential to pay dividends.