Eaton Vance Enhanced Equity Income Fund (EOI) to Issue Monthly Dividend of $0.13 on November 29th

Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) announced a monthly dividend on Friday, November 1st,Wall Street Journal reports. Investors of record on Thursday, November 21st will be paid a dividend of 0.1338 per share on Friday, November 29th. This represents a $1.61 dividend on an annualized basis and a yield of 7.57%. The ex-dividend date is Thursday, November 21st.

Eaton Vance Enhanced Equity Income Fund has increased its dividend payment by an average of 6.8% per year over the last three years.

Eaton Vance Enhanced Equity Income Fund Price Performance

Shares of NYSE:EOI opened at $21.20 on Tuesday. Eaton Vance Enhanced Equity Income Fund has a 1 year low of $15.59 and a 1 year high of $21.27. The business’s 50 day simple moving average is $20.09 and its 200 day simple moving average is $19.36.

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.