First Trust Enhanced Equity Income Fund Dividend
Dividend criteria checks 5/6
First Trust Enhanced Equity Income Fund is a dividend paying company with a current yield of 6.93% that is well covered by earnings.
Key information
6.9%
Dividend yield
38%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$3.31 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
FFA: If You Want To Buy Equities, Buy Them With A Discount
Mar 27FFA: Not The Most Balanced Portfolio, But This Covered Call CEF Is Still Decent
Jan 15FFA: Discount Narrows Taking Away Some Appeal, But Still A Solid Fund To Hold
Aug 16First Trust Enhanced Equity Income Fund declares $0.315 dividend
Dec 13FFA: Unloved Buy-Write CEF, 8% Yield
Nov 09First Trust Enhanced Equity Income Fund goes ex-dividend tomorrow
Sep 21FFA: An Interesting Play In The Call Writing Space
Aug 11First Trust Enhanced Equity Income Fund declares $0.285 dividend
Dec 10Stability and Growth of Payments
Fetching dividends data
Stable Dividend: FFA's dividends per share have been stable in the past 10 years.
Growing Dividend: FFA's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| First Trust Enhanced Equity Income Fund Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (FFA) | 6.9% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Capital Markets) | 2.4% |
| Analyst forecast in 3 Years (FFA) | n/a |
Notable Dividend: FFA's dividend (6.93%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: FFA's dividend (6.93%) is in the top 25% of dividend payers in the US market (4.82%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38%), FFA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate FFA's cash payout ratio to determine if its dividend payments are covered by cash flows.