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

First Trust Enhanced Equity Income Fund (NYSE:FFA) announced a quarterly dividend on Tuesday, December 10th,Wall Street Journal reports. Shareholders of record on Friday, December 20th will be given a dividend of 0.35 per share on Tuesday, December 31st. This represents a $1.40 dividend on an annualized basis and a yield of 6.64%. The ex-dividend date is Friday, December 20th.

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

First Trust Enhanced Equity Income Fund Stock Up 0.4 %

FFA stock traded up $0.08 during midday trading on Wednesday, reaching $21.10. The company had a trading volume of 21,120 shares, compared to its average volume of 23,908. First Trust Enhanced Equity Income Fund has a 1 year low of $17.58 and a 1 year high of $21.24. The company has a 50 day moving average of $20.52 and a two-hundred day moving average of $19.99.

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.