Eaton Vance Enhanced Equity Income Fund (EOI) to Issue Monthly Dividend of $0.13 on January 30th

Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) declared a monthly dividend on Friday, January 2nd. Shareholders of record on Thursday, January 15th will be paid a dividend of 0.1338 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 7.7%. The ex-dividend date is Thursday, January 15th.

Eaton Vance Enhanced Equity Income Fund Stock Up 0.2%

Shares of NYSE EOI opened at $20.93 on Tuesday. The firm’s 50 day simple moving average is $20.10 and its 200-day simple moving average is $20.67. Eaton Vance Enhanced Equity Income Fund has a 12 month low of $15.50 and a 12 month high of $21.58.

About Eaton Vance Enhanced Equity Income Fund

The Eaton Vance Enhanced Equity Income Fund (NYSE: EOI) is a closed-end management investment company that seeks to deliver a high level of current income, with a secondary objective of long-term capital appreciation. The fund invests primarily in dividend-paying common stocks of U.S. companies and may also hold preferred stocks and other equity securities. To enhance income potential, the fund employs a covered-call strategy by selling call options on a portion of its equity portfolio.

Under normal market conditions, the fund’s portfolio managers select large- and mid-capitalization equities with the potential for dividend growth and price appreciation.