Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) to Issue $0.09 Monthly Dividend

Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) declared a monthly dividend on Tuesday, April 6th, Wall Street Journal reports. Investors of record on Friday, April 23rd will be given a dividend of 0.0898 per share on Friday, April 30th. This represents a $1.08 annualized dividend and a yield of 6.26%. The ex-dividend date is Thursday, April 22nd.

Shares of EOI opened at $17.22 on Wednesday. The firm’s 50-day moving average is $16.74 and its two-hundred day moving average is $15.86. Eaton Vance Enhanced Equity Income Fund has a twelve month low of $12.27 and a twelve month high of $17.28.

In related news, insider Keith Quinton bought 3,600 shares of the stock in a transaction on Wednesday, January 27th. The shares were bought at an average cost of $16.12 per share, for a total transaction of $58,032.00. Following the completion of the transaction, the insider now owns 3,600 shares of the company’s stock, valued at approximately $58,032. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

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.

Recommended Story: Straddles

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

Receive News & Ratings for Eaton Vance Enhanced Equity Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eaton Vance Enhanced Equity Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.