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

Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) announced a monthly dividend on Monday, June 1st. Investors of record on Monday, June 15th will be given a dividend of 0.1338 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 8.0%. The ex-dividend date of this dividend is Monday, June 15th.

Eaton Vance Enhanced Equity Income Fund Price Performance

EOI opened at $19.97 on Tuesday. Eaton Vance Enhanced Equity Income Fund has a 1 year low of $18.03 and a 1 year high of $21.58. The stock has a fifty day moving average price of $19.58 and a 200 day moving average price of $20.00.

Eaton Vance Enhanced Equity Income Fund Company Profile

The Eaton Vance Enhanced Equity Income Fund (NYSE: EOI) is a closed-end management investment company that seeks to deliver a high level of current income, with a secondary objective of long-term capital appreciation. The fund invests primarily in dividend-paying common stocks of U.S. companies and may also hold preferred stocks and other equity securities. To enhance income potential, the fund employs a covered-call strategy by selling call options on a portion of its equity portfolio.

Under normal market conditions, the fund’s portfolio managers select large- and mid-capitalization equities with the potential for dividend growth and price appreciation.