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

Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) announced a monthly dividend on Wednesday, May 1st, Wall Street Journal reports. Shareholders of record on Friday, May 24th will be paid a dividend of 0.1338 per share on Friday, May 31st. This represents a $1.61 dividend on an annualized basis and a dividend yield of 8.61%. The ex-dividend date of this dividend is Thursday, May 23rd.

Eaton Vance Enhanced Equity Income Fund has increased its dividend by an average of 6.8% annually over the last three years and has increased its dividend annually for the last 1 consecutive years.

Eaton Vance Enhanced Equity Income Fund Price Performance

Shares of NYSE:EOI opened at $18.64 on Wednesday. The firm has a fifty day moving average of $18.21 and a two-hundred day moving average of $17.25. Eaton Vance Enhanced Equity Income Fund has a 12-month low of $14.36 and a 12-month high of $18.88.

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.