Eaton Vance Enhanced Equity Income Fund II (NYSEARCA:EOS) Announces Dividend Increase – $0.15 Per Share

Eaton Vance Enhanced Equity Income Fund II (NYSEARCA:EOS) announced a monthly dividend on Monday, April 1st, investing.com reports. Shareholders of record on Tuesday, April 23rd will be given a dividend of 0.1523 per share on Tuesday, April 30th. This represents a $1.83 dividend on an annualized basis and a yield of 9.44%. The ex-dividend date of this dividend is Monday, April 22nd. This is a boost from Eaton Vance Enhanced Equity Income Fund II’s previous monthly dividend of $0.12.

Eaton Vance Enhanced Equity Income Fund II Trading Down 0.9 %

NYSEARCA EOS opened at $19.36 on Friday. The company has a 50 day moving average price of $20.06 and a two-hundred day moving average price of $18.83. Eaton Vance Enhanced Equity Income Fund II has a 12-month low of $15.87 and a 12-month high of $20.63.

Institutional Trading of Eaton Vance Enhanced Equity Income Fund II

A number of institutional investors have recently added to or reduced their stakes in EOS. Truist Financial Corp lifted its stake in shares of Eaton Vance Enhanced Equity Income Fund II by 0.9% in the fourth quarter. Truist Financial Corp now owns 63,235 shares of the company’s stock worth $1,047,000 after buying an additional 583 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Eaton Vance Enhanced Equity Income Fund II by 8.5% in the first quarter. Envestnet Asset Management Inc. now owns 10,766 shares of the company’s stock worth $226,000 after buying an additional 843 shares during the last quarter. HighTower Advisors LLC lifted its stake in shares of Eaton Vance Enhanced Equity Income Fund II by 8.4% in the first quarter. HighTower Advisors LLC now owns 11,772 shares of the company’s stock worth $193,000 after buying an additional 910 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in shares of Eaton Vance Enhanced Equity Income Fund II by 4.4% in the third quarter. Commonwealth Equity Services LLC now owns 33,447 shares of the company’s stock worth $511,000 after buying an additional 1,412 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of Eaton Vance Enhanced Equity Income Fund II by 19.9% in the second quarter. JPMorgan Chase & Co. now owns 10,097 shares of the company’s stock worth $181,000 after buying an additional 1,677 shares during the last quarter.

Eaton Vance Enhanced Equity Income Fund II Company Profile

Eaton Vance Enhanced Equity Income Fund II is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets of the United States. It seeks to invest in the stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of mid-cap and large-cap companies.