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

Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Wednesday, January 15th will be paid a dividend of 0.1338 per share on Friday, January 31st. This represents a $1.61 annualized dividend and a dividend yield of 7.73%. The ex-dividend date is Wednesday, January 15th.

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

Eaton Vance Enhanced Equity Income Fund Stock Up 0.1 %

Shares of EOI traded up $0.02 during mid-day trading on Friday, reaching $20.77. 73,174 shares of the stock traded hands, compared to its average volume of 85,187. The firm has a fifty day moving average price of $21.06 and a 200 day moving average price of $20.01. Eaton Vance Enhanced Equity Income Fund has a 1 year low of $16.02 and a 1 year high of $22.10.

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.