First Trust Enhanced Equity Income Fund (FFA) Declares $0.29 Quarterly Dividend
First Trust Enhanced Equity Income Fund (NYSE:FFA) announced a quarterly dividend on Tuesday, December 12th, Wall Street Journal reports. Stockholders of record on Tuesday, December 26th will be paid a dividend of 0.285 per share on Friday, December 29th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 7.14%. The ex-dividend date is Friday, December 22nd.
First Trust Enhanced Equity Income Fund has raised its dividend payment by an average of 2.0% annually over the last three years.
Shares of First Trust Enhanced Equity Income Fund (NYSE FFA) traded up $0.22 during midday trading on Tuesday, hitting $15.97. 84,900 shares of the company traded hands, compared to its average volume of 52,111. First Trust Enhanced Equity Income Fund has a 12 month low of $13.39 and a 12 month high of $15.99.
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First Trust Enhanced Equity Income Fund Company Profile
First Trust Enhanced Equity Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide a high level of current income and gains and, to a lesser extent, capital appreciation. The Fund invests in a diversified portfolio of equity securities.
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