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

Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) announced a monthly dividend on Monday, January 5th. Investors of record on Thursday, January 15th will be paid a dividend of 0.1338 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 7.8%. The ex-dividend date of this dividend is Thursday, January 15th.

Eaton Vance Enhanced Equity Income Fund Price Performance

NYSE:EOI opened at $20.62 on Tuesday. Eaton Vance Enhanced Equity Income Fund has a 1 year low of $15.50 and a 1 year high of $21.58. The stock has a 50-day moving average price of $20.09 and a two-hundred day moving average price of $20.66.

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.