First Trust Enhanced Equity Income Fund (NYSE:FFA) declared a quarterly dividend on Tuesday, September 10th, NASDAQ reports. Stockholders of record on Monday, September 23rd will be paid a dividend of 0.285 per share on Monday, September 30th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 6.92%. The ex-dividend date of this dividend is Friday, September 20th.
First Trust Enhanced Equity Income Fund has raised its dividend by an average of 17.4% annually over the last three years.
NYSE:FFA traded up $0.03 during mid-day trading on Thursday, reaching $16.47. The company’s stock had a trading volume of 13,928 shares, compared to its average volume of 40,185. First Trust Enhanced Equity Income Fund has a twelve month low of $12.06 and a twelve month high of $16.54. The company’s fifty day simple moving average is $15.78 and its two-hundred day simple moving average is $15.41.
First Trust Enhanced Equity Income Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Chartwell Investment Partners, L.P. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across the diversified sectors.
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