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

Eaton Vance Enhanced Equity Income Fund (NYSE:EOI – Get Free Report) declared a monthly dividend on Thursday, October 1st. Investors of record on Thursday, October 15th will be paid a dividend of $0.1338 per share on Friday, October 30th. This represents a $1.61 annualized dividend and a yield of 8.1%. The ex-dividend date of this dividend is Thursday, October 15th.

Eaton Vance Enhanced Equity Income Fund Trading Down 0.4%

EOI opened at $19.79 on Friday. Eaton Vance Enhanced Equity Income Fund has a fifty-two week low of $18.03 and a fifty-two week high of $21.10. The firm’s fifty day moving average price is $19.89 and its two-hundred day moving average price is $19.70.

Eaton Vance Enhanced Equity Income Fund Company Profile

(Get Free Report)

Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) is a closed-end investment company designed to provide investors with high current income and the opportunity for capital appreciation. The fund is managed by Eaton Vance Management, part of Morgan Stanley Investment Management.

The fund invests primarily in dividend-paying common stocks of established companies, with an emphasis on generating income from equity holdings. To enhance portfolio income, it generally employs a covered call strategy by writing call options on selected securities held in the portfolio.

Further Reading

Dividend History for Eaton Vance Enhanced Equity Income Fund (NYSE:EOI)

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