Eaton Vance Enhanced Equity Income Fund (EOI) To Go Ex-Dividend on February 17th

Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) declared a monthly dividend on Monday, February 2nd. Investors of record on Tuesday, February 17th will be given a dividend of 0.1338 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 7.9%. The ex-dividend date of this dividend is Tuesday, February 17th.

Eaton Vance Enhanced Equity Income Fund Stock Performance

Shares of EOI stock opened at $20.40 on Friday. The stock’s 50-day moving average price is $20.47 and its 200 day moving average price is $20.64. Eaton Vance Enhanced Equity Income Fund has a 52-week low of $15.50 and a 52-week high of $21.58.

Hedge Funds Weigh In On Eaton Vance Enhanced Equity Income Fund

Institutional investors have recently bought and sold shares of the company. Eagle Bay Advisors LLC acquired a new stake in shares of Eaton Vance Enhanced Equity Income Fund in the 4th quarter worth $31,000. Kestra Advisory Services LLC acquired a new stake in Eaton Vance Enhanced Equity Income Fund in the fourth quarter valued at about $67,000. Wolverine Asset Management LLC purchased a new stake in Eaton Vance Enhanced Equity Income Fund in the 3rd quarter valued at approximately $85,000. JPMorgan Chase & Co. lifted its holdings in shares of Eaton Vance Enhanced Equity Income Fund by 15.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,428 shares of the company’s stock valued at $93,000 after buying an additional 600 shares during the period. Finally, Geneos Wealth Management Inc. grew its holdings in Eaton Vance Enhanced Equity Income Fund by 127.6% during the second quarter. Geneos Wealth Management Inc. now owns 5,772 shares of the company’s stock worth $121,000 after acquiring an additional 3,236 shares during the period.

Eaton Vance Enhanced Equity Income Fund Company Profile

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.