First Trust Enhanced Equity Income Fund Plans Quarterly Dividend of $0.29 (NYSE:FFA)

First Trust Enhanced Equity Income Fund (NYSE:FFA) announced a quarterly dividend on Tuesday, September 11th, Wall Street Journal reports. Stockholders of record on Monday, September 24th will be given a dividend of 0.285 per share on Friday, September 28th. This represents a $1.14 annualized dividend and a dividend yield of 7.30%. The ex-dividend date is Friday, September 21st.

First Trust Enhanced Equity Income Fund has increased its dividend by an average of 6.3% annually over the last three years.

Shares of First Trust Enhanced Equity Income Fund stock traded down $0.06 on Monday, hitting $15.61. 39,500 shares of the company traded hands, compared to its average volume of 52,159. First Trust Enhanced Equity Income Fund has a 52 week low of $14.32 and a 52 week high of $16.73.

About First Trust Enhanced Equity Income Fund

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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Dividend History for First Trust Enhanced Equity Income Fund (NYSE:FFA)

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