First Trust Enhanced Equity Income Fund Declares Quarterly Dividend of $0.35 (NYSE:FFA)

First Trust Enhanced Equity Income Fund (NYSE:FFA) declared a quarterly dividend on Tuesday, September 10th, Wall Street Journal reports. Stockholders of record on Friday, September 20th will be paid a dividend of 0.35 per share on Monday, September 30th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 6.90%. The ex-dividend date is Friday, September 20th.

First Trust Enhanced Equity Income Fund has raised its dividend payment by an average of 3.4% annually over the last three years.

First Trust Enhanced Equity Income Fund Price Performance

First Trust Enhanced Equity Income Fund stock opened at $20.28 on Thursday. First Trust Enhanced Equity Income Fund has a 1-year low of $15.84 and a 1-year high of $20.44. The business has a fifty day moving average price of $19.74 and a 200-day moving average price of $19.23.

About First Trust Enhanced Equity Income Fund

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.