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Eaton Vance Raises EOI Monthly Distribution 9.6% to $0.1467

Nov. 16 is both the ex-dividend and record date. Payment is scheduled for Nov. 30.

By Enna Lee
Published
A red date marker sits beside a clear glass droplet / TokenPost.ai
A red date marker sits beside a clear glass droplet / TokenPost.ai

Eaton Vance Enhanced Equity Income Fund (EOI) lifted its monthly per-share distribution to $0.1467 from $0.1338, a $0.0129 increase, or 9.6%. Eaton Vance declared the higher payment Nov. 2.

Nov. 16 serves as both the record date and the ex-dividend date. EOI will pay the distribution Nov. 30.

The fund’s distribution rate at market price was 9.19%, calculated using its $19.16 closing share price on Oct. 30. A managed distribution plan governs EOI’s monthly payments. They may come from ordinary dividends, capital gains or return of capital. The size of the monthly payment does not show how the fund has performed.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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