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

Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) announced a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Investors of record on Monday, December 23rd will be given a dividend of 0.1338 per share on Tuesday, December 31st. This represents a $1.61 dividend on an annualized basis and a yield of 7.40%. The ex-dividend date of this dividend is Monday, December 23rd.

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

Eaton Vance Enhanced Equity Income Fund Stock Performance

Eaton Vance Enhanced Equity Income Fund stock traded up $0.19 during mid-day trading on Tuesday, hitting $21.69. The company’s stock had a trading volume of 80,992 shares, compared to its average volume of 82,854. The business has a 50 day moving average price of $20.51 and a 200-day moving average price of $19.60. Eaton Vance Enhanced Equity Income Fund has a 12 month low of $15.78 and a 12 month high of $21.94.

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.