Eaton Vance Enhanced Equity Income Fund II (NYSE:EOS) Announces Dividend Increase – $0.16 Per Share

Eaton Vance Enhanced Equity Income Fund II (NYSE:EOS) announced a monthly dividend on Monday, November 2nd. Investors of record on Monday, November 16th will be given a dividend of $0.1629 per share on Monday, November 30th. This represents a $1.95 dividend on an annualized basis and a yield of 9.6%. The ex-dividend date of this dividend is Monday, November 16th. This is a 7.0% increase from Eaton Vance Enhanced Equity Income Fund II’s previous monthly dividend of $0.1523.

Eaton Vance Enhanced Equity Income Fund II Stock Up 0.6%

NYSE EOS traded up $0.12 during mid-day trading on Tuesday, reaching $20.31. 92,829 shares of the stock were exchanged, compared to its average volume of 133,905. Eaton Vance Enhanced Equity Income Fund II has a 1-year low of $19.44 and a 1-year high of $23.78. The business’s fifty day simple moving average is $21.19 and its 200 day simple moving average is $21.72.

About Eaton Vance Enhanced Equity Income Fund II

Eaton Vance Enhanced Equity Income Fund II is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets of the United States. It seeks to invest in the stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of mid-cap and large-cap companies. It generates current earnings from option premiums by selling covered call options on a substantial portion of its portfolio. The fund benchmarks the performance of its portfolio against the Russell 1000 Growth Index, the CBOE S&P 500 BuyWrite Index, and the CBOE NASDAQ-100 BuyWrite Index.