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Stock impact report

First Trust Enhanced Equity Income Fund Declares Its Quarterly Distribution of $0.35 Per Share

First Trust Enhanced Equity Income Fund (FFA) 
Company Research Source: Business Wire
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Enhanced Equity Income Fund (the "Fund") (NYSE: FFA) has declared the Fund's regularly scheduled quarterly distribution of $0.35 per share. The distribution will be payable on December 31, 2024, to shareholders of record as of December 20, 2024. The ex-dividend date is expected to be December 20, 2024. The quarterly distribution information for the Fund appears below.First Trust Enhanced Equity Income Fund (FFA):Distribution per share: $0.35Distribution Rate based on the December 9, 2024 NAV of $22.02: 6.36%Distribution Rate based on the December 9, 2024 closing market price of $21.05: 6.65%The Fund's Board of Trustees has approved a managed distribution policy for the Fund (the "Plan") in reliance on exemptive relief received from the Securities and Exchange Commission which permits the Fund to make periodic distributions of long-term capital gains more frequently than otherwise permitted with respect to its common shares subject to cer Show less Read more
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