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 Monday, March 3rd, Wall Street Journal reports. Stockholders of record on Friday, March 14th will be given a dividend of 0.1338 per share on Monday, March 31st. This represents a $1.61 dividend on an annualized basis and a dividend yield of 8.10%. The ex-dividend date of this dividend is Friday, March 14th.

Eaton Vance Enhanced Equity Income Fund has increased its dividend by an average of 9.2% annually over the last three years.

Eaton Vance Enhanced Equity Income Fund Price Performance

Shares of NYSE EOI traded down $0.30 during mid-day trading on Tuesday, hitting $19.81. The company had a trading volume of 97,192 shares, compared to its average volume of 82,974. Eaton Vance Enhanced Equity Income Fund has a 1 year low of $17.10 and a 1 year high of $22.10. The stock’s 50-day moving average price is $20.82 and its 200-day moving average price is $20.49.

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.