Eaton Vance Enhanced Equity Income Fund (NYSE:EOI – Get Free Report) announced a monthly dividend on Tuesday, September 1st. Shareholders of record on Tuesday, September 15th will be given a dividend of 0.1338 per share on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 8.1%. The ex-dividend date is Tuesday, September 15th.
Eaton Vance Enhanced Equity Income Fund Trading Down 1.1%
NYSE EOI opened at $19.94 on Wednesday. The company’s 50 day simple moving average is $19.86 and its two-hundred day simple moving average is $19.76. Eaton Vance Enhanced Equity Income Fund has a 1 year low of $18.03 and a 1 year high of $21.58.
About Eaton Vance Enhanced Equity Income Fund
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.
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