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

Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) announced a monthly dividend on Monday, November 4th, Wall Street Journal reports. Stockholders of record on Thursday, November 21st will be given a dividend of 0.1338 per share on Friday, November 29th. This represents a $1.61 annualized dividend and a dividend yield of 8.02%. The ex-dividend date of this dividend is Thursday, November 21st.

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

Eaton Vance Enhanced Equity Income Fund Stock Down 0.9 %

NYSE EOI traded down $0.19 during trading hours on Monday, reaching $20.02. 49,174 shares of the company’s stock were exchanged, compared to its average volume of 82,903. The firm has a fifty day moving average of $19.81 and a 200-day moving average of $19.15. Eaton Vance Enhanced Equity Income Fund has a one year low of $15.27 and a one year high of $20.63.

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.