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

Eaton Vance Enhanced Equity Income Fund (NYSE:EOIGet Free Report) declared a monthly dividend on Monday, April 1st, Zacks reports. Shareholders of record on Tuesday, April 23rd will be given a dividend of 0.134 per share on Tuesday, April 30th. This represents a $1.61 dividend on an annualized basis and a yield of 9.08%. The ex-dividend date is Monday, April 22nd. This is an increase from Eaton Vance Enhanced Equity Income Fund’s previous monthly dividend of $0.11.

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

Eaton Vance Enhanced Equity Income Fund Trading Down 1.1 %

Shares of EOI stock opened at $17.70 on Friday. Eaton Vance Enhanced Equity Income Fund has a one year low of $14.36 and a one year high of $18.88. The firm has a 50-day moving average of $18.11 and a 200-day moving average of $16.77.

Hedge Funds Weigh In On Eaton Vance Enhanced Equity Income Fund

Several hedge funds have recently modified their holdings of the company. Sunbelt Securities Inc. purchased a new stake in shares of Eaton Vance Enhanced Equity Income Fund during the first quarter valued at approximately $27,000. Money Concepts Capital Corp purchased a new stake in shares of Eaton Vance Enhanced Equity Income Fund during the 4th quarter valued at $152,000. Virtu Financial LLC purchased a new stake in shares of Eaton Vance Enhanced Equity Income Fund during the 4th quarter valued at $161,000. Mariner LLC bought a new stake in shares of Eaton Vance Enhanced Equity Income Fund during the 3rd quarter worth $165,000. Finally, CIBC Private Wealth Group LLC purchased a new position in shares of Eaton Vance Enhanced Equity Income Fund in the 4th quarter worth about $231,000.

About Eaton Vance Enhanced Equity Income Fund

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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.

Further Reading

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

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