First Trust Enhanced Equity Income Fund (FFA) to Issue Quarterly Dividend of $0.39 on June 30th

First Trust Enhanced Equity Income Fund (NYSE:FFA) declared a quarterly dividend on Wednesday, June 10th. Shareholders of record on Monday, June 22nd will be paid a dividend of 0.3875 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 6.9%. The ex-dividend date is Monday, June 22nd.

First Trust Enhanced Equity Income Fund Stock Up 0.5%

Shares of NYSE FFA opened at $22.40 on Friday. The stock’s fifty day moving average price is $22.15 and its two-hundred day moving average price is $21.82. First Trust Enhanced Equity Income Fund has a one year low of $19.50 and a one year high of $23.24.

First Trust Enhanced Equity Income Fund Company Profile

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.