FFA Ex-Dividend Reminder - 6/22/15

Looking at the universe of stocks we cover at Dividend Channel, on 6/22/15, First Trust Enhanced Equity Income Fund ( FFA) will trade ex-dividend, for its quarterly dividend of $0.235, payable on 6/30/15. As a percentage of FFA's recent stock price of $15.12, this dividend works out to approximately 1.55%, so look for shares of First Trust Enhanced Equity Income Fund to trade 1.55% lower — all else being equal — when FFA shares open for trading on 6/22/15.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for FFA, showing historical dividends prior to the most recent $0.235 declared by First Trust Enhanced Equity Income Fund:

FFA+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from FFA is likely to continue, and whether the current estimated yield of 6.22% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of FFA shares, versus its 200 day moving average:

First Trust Enhanced Equity Income Fund 200 Day Moving Average Chart

If you liked this article you might like

Monday's Ex-Dividends To Watch: FEO, FFA, PPT

Ex-Dividends To Watch: 3 Stocks Going Ex-Dividend Tomorrow: FFA, DFP, EFR

Ex-Dividend Alert: 3 Stocks Going Ex-Dividend Monday: FFA, EOI, ETG

Reminder - First Trust Enhanced Equity Income Fund (FFA) Goes Ex-Dividend Soon

Dividend Watch: 3 Stocks Going Ex-Dividend Monday: FFA, PMO, FSIC