Eaton Vance Enhanced Equity Income Fund II (NYSEARCA:EOS) to Issue Dividend of $0.15

Eaton Vance Enhanced Equity Income Fund II (NYSEARCA:EOS) declared a dividend on Tuesday, April 16th, investing.com reports. Shareholders of record on Tuesday, April 23rd will be paid a dividend of 0.1523 per share on Tuesday, April 30th. This represents a yield of 9.17%. The ex-dividend date is Monday, April 22nd. This is an increase from Eaton Vance Enhanced Equity Income Fund II’s previous dividend of $0.12.

Eaton Vance Enhanced Equity Income Fund II Stock Performance

Shares of EOS opened at $19.56 on Wednesday. The firm’s 50-day moving average is $20.08 and its two-hundred day moving average is $18.77. Eaton Vance Enhanced Equity Income Fund II has a twelve month low of $15.87 and a twelve month high of $20.63.

Hedge Funds Weigh In On Eaton Vance Enhanced Equity Income Fund II

Institutional investors and hedge funds have recently modified their holdings of the company. NewEdge Advisors LLC lifted its stake in shares of Eaton Vance Enhanced Equity Income Fund II by 8.3% during the second quarter. NewEdge Advisors LLC now owns 22,777 shares of the company’s stock valued at $369,000 after buying an additional 1,754 shares during the period. Neuberger Berman Group LLC purchased a new position in shares of Eaton Vance Enhanced Equity Income Fund II during the fourth quarter valued at approximately $308,000. Envestnet Asset Management Inc. lifted its stake in shares of Eaton Vance Enhanced Equity Income Fund II by 45.3% during the third quarter. Envestnet Asset Management Inc. now owns 16,291 shares of the company’s stock valued at $249,000 after buying an additional 5,081 shares during the period. Money Concepts Capital Corp purchased a new position in shares of Eaton Vance Enhanced Equity Income Fund II during the fourth quarter valued at approximately $194,000. Finally, HighTower Advisors LLC raised its stake in Eaton Vance Enhanced Equity Income Fund II by 8.4% during the first quarter. HighTower Advisors LLC now owns 11,772 shares of the company’s stock worth $193,000 after purchasing an additional 910 shares during the period.

About Eaton Vance Enhanced Equity Income Fund II

Eaton Vance Enhanced Equity Income Fund II is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets of the United States. It seeks to invest in the stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of mid-cap and large-cap companies.