Favorable Press Coverage Somewhat Unlikely to Affect First Trust Enhanced Equity Income Fund (FFA) Share Price

Press coverage about First Trust Enhanced Equity Income Fund (NYSE:FFA) has trended positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. First Trust Enhanced Equity Income Fund earned a media sentiment score of 0.29 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 47.4579878408309 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

First Trust Enhanced Equity Income Fund (NYSE FFA) traded down $0.06 during midday trading on Thursday, hitting $16.38. The company had a trading volume of 64,000 shares, compared to its average volume of 63,429. First Trust Enhanced Equity Income Fund has a 12 month low of $13.61 and a 12 month high of $16.67.

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Tuesday, December 26th were issued a dividend of $0.285 per share. This represents a $1.14 annualized dividend and a dividend yield of 6.96%. The ex-dividend date was Friday, December 22nd.

COPYRIGHT VIOLATION NOTICE: “Favorable Press Coverage Somewhat Unlikely to Affect First Trust Enhanced Equity Income Fund (FFA) Share Price” was first posted by StockNewsTimes and is the sole property of of StockNewsTimes. If you are accessing this story on another publication, it was stolen and reposted in violation of United States and international copyright legislation. The correct version of this story can be accessed at https://stocknewstimes.com/2018/01/11/favorable-press-coverage-somewhat-unlikely-to-affect-first-trust-enhanced-equity-income-fund-ffa-share-price.html.

About First Trust Enhanced Equity Income Fund

First Trust Enhanced Equity Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide a high level of current income and gains and, to a lesser extent, capital appreciation. The Fund invests in a diversified portfolio of equity securities.

Insider Buying and Selling by Quarter for First Trust Enhanced Equity Income Fund (NYSE:FFA)

Receive News & Ratings for First Trust Enhanced Equity Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Enhanced Equity Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply