First Trust Enhanced Equity Income Fund (NYSE:FFA – Get Free Report) declared a quarterly dividend on Wednesday, December 10th. Shareholders of record on Monday, December 22nd will be paid a dividend of 0.3875 per share on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 7.1%. The ex-dividend date of this dividend is Monday, December 22nd.
First Trust Enhanced Equity Income Fund Trading Up 1.3%
NYSE:FFA opened at $21.76 on Friday. The stock has a fifty day simple moving average of $21.60 and a 200-day simple moving average of $21.12. First Trust Enhanced Equity Income Fund has a twelve month low of $15.00 and a twelve month high of $22.00.
About First Trust Enhanced Equity Income Fund
First Trust Enhanced Equity Income Fund (NYSE:FFA) is a closed-end management investment company managed by First Trust Advisors L.P. The fund seeks to provide total return with an emphasis on current income. To pursue its objective, the fund employs a dual strategy that combines equity ownership in U.S. companies with a systematic covered call option overlay.
FFA primarily invests in a diversified portfolio of common stocks of large- and mid-cap U.S. companies that are selected for their potential to pay dividends.
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