Eaton Vance Enhanced Equity Income Fund (EOI) To Go Ex-Dividend on November 16th

Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) declared a monthly dividend on Monday, November 2nd. Shareholders of record on Monday, November 16th will be given a dividend of $0.1467 per share on Monday, November 30th. This represents a $1.76 dividend on an annualized basis and a yield of 9.2%. The ex-dividend date of this dividend is Monday, November 16th. This is a 9.6% increase from Eaton Vance Enhanced Equity Income Fund’s previous monthly dividend of $0.1338.

Eaton Vance Enhanced Equity Income Fund Price Performance

Shares of NYSE:EOI opened at $19.15 on Wednesday. The company’s fifty day moving average price is $19.74 and its 200-day moving average price is $19.84. Eaton Vance Enhanced Equity Income Fund has a one year low of $18.03 and a one year high of $21.09.

About Eaton Vance Enhanced Equity Income Fund

Eaton Vance Enhanced Equity Income Fund (NYSE: EOI) is a closed-end investment fund managed by Eaton Vance Management, an indirect subsidiary of Morgan Stanley. The fund seeks to provide current income and capital appreciation by investing primarily in a diversified portfolio of common stocks.

To enhance portfolio income, EOI generally employs a covered call-writing strategy, selling call options on selected holdings or on broader market indexes. The premiums received from these options supplement dividends and other investment income, although the strategy may limit the fund’s potential gains when the underlying securities rise significantly.

The fund focuses primarily on established publicly traded companies and offers investors exposure to equity markets through a professionally managed portfolio.