Eaton Vance Enhanced Equity Income Fund (EOI) to Issue Monthly Dividend of $0.13 on July 31st

Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) declared a monthly dividend on Monday, July 1st, Wall Street Journal reports. Investors of record on Tuesday, July 23rd will be paid a dividend of 0.1338 per share on Wednesday, July 31st. This represents a $1.61 dividend on an annualized basis and a yield of 8.21%. The ex-dividend date is Tuesday, July 23rd.

Eaton Vance Enhanced Equity Income Fund has raised its dividend payment by an average of 6.8% per year over the last three years.

Eaton Vance Enhanced Equity Income Fund Stock Up 0.1 %

EOI traded up $0.02 on Wednesday, reaching $19.56. The company had a trading volume of 3,647 shares, compared to its average volume of 80,084. Eaton Vance Enhanced Equity Income Fund has a fifty-two week low of $14.36 and a fifty-two week high of $19.70. The company’s fifty day moving average is $18.60 and its 200 day moving average is $17.89.

About Eaton Vance Enhanced Equity Income Fund

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.