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, June 10th, RTT News reports. Shareholders of record on Monday, June 23rd will be given a dividend of 0.35 per share on Wednesday, July 30th. This represents a $1.40 annualized dividend and a dividend yield of 6.99%.

First Trust Enhanced Equity Income Fund Stock Up 0.0%

Shares of NYSE:FFA traded up $0.01 during trading on Wednesday, reaching $20.03. The company’s stock had a trading volume of 1,595 shares, compared to its average volume of 28,586. First Trust Enhanced Equity Income Fund has a 12 month low of $15.00 and a 12 month high of $21.24. The firm’s 50 day simple moving average is $18.90 and its two-hundred day simple moving average is $19.91.

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.