Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) Declares $0.13 Monthly Dividend

Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) declared a monthly dividend on Thursday, May 2nd, Wall Street Journal reports. Stockholders of record on Friday, May 24th will be paid a dividend of 0.1338 per share on Friday, May 31st. This represents a $1.61 annualized dividend and a dividend yield of 8.94%. The ex-dividend date is Thursday, May 23rd.

Eaton Vance Enhanced Equity Income Fund has raised its dividend payment by an average of 6.8% annually over the last three years and has increased its dividend every year for the last 1 years.

Eaton Vance Enhanced Equity Income Fund Stock Up 0.3 %

NYSE:EOI traded up $0.05 during mid-day trading on Thursday, reaching $17.96. The company’s stock had a trading volume of 70,001 shares, compared to its average volume of 82,573. Eaton Vance Enhanced Equity Income Fund has a 1 year low of $14.36 and a 1 year high of $18.88. The stock has a fifty day moving average of $18.11 and a 200-day moving average of $16.90.

Eaton Vance Enhanced Equity Income Fund Company Profile

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.