First Trust Enhanced Equity Income Fund (NYSE:FFA – Get Free Report) announced a quarterly dividend on Wednesday, June 10th. Stockholders of record on Monday, June 22nd will be given a dividend of 0.3875 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 7.0%. The ex-dividend date of this dividend is Monday, June 22nd.
First Trust Enhanced Equity Income Fund Stock Performance
FFA stock opened at $22.28 on Thursday. First Trust Enhanced Equity Income Fund has a 52-week low of $19.50 and a 52-week high of $23.24. The stock’s fifty day simple moving average is $22.11 and its 200-day simple moving average is $21.81.
About First Trust Enhanced Equity Income Fund
First Trust Enhanced Equity Income Fund (NYSE:FFA) is a closed-end management investment company managed by First Trust Advisors L.P. The fund seeks to provide total return with an emphasis on current income. To pursue its objective, the fund employs a dual strategy that combines equity ownership in U.S. companies with a systematic covered call option overlay.
FFA primarily invests in a diversified portfolio of common stocks of large- and mid-cap U.S. companies that are selected for their potential to pay dividends.
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