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

Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) declared a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Shareholders of record on Friday, February 14th will be given a dividend of 0.1338 per share on Friday, February 28th. This represents a $1.61 annualized dividend and a yield of 7.70%. The ex-dividend date is Friday, February 14th.

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

Eaton Vance Enhanced Equity Income Fund Stock Performance

Shares of EOI stock traded down $0.04 on Tuesday, reaching $20.86. The company had a trading volume of 86,944 shares, compared to its average volume of 82,138. The company has a 50-day moving average of $21.13 and a 200-day moving average of $20.22. Eaton Vance Enhanced Equity Income Fund has a 12 month low of $17.10 and a 12 month high of $22.10.

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.