Guggenheim Enhanced Equity Income Fund (NYSE:GPM) declared a quarterly dividend on Wednesday, June 5th, Wall Street Journal reports. Stockholders of record on Friday, June 14th will be paid a dividend of 0.24 per share by the investment management company on Friday, June 28th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 11.82%. The ex-dividend date is Thursday, June 13th.
Guggenheim Enhanced Equity Income Fund has raised its dividend payment by an average of 10.1% annually over the last three years.
Shares of NYSE:GPM traded down $0.01 during midday trading on Wednesday, reaching $8.12. The company’s stock had a trading volume of 1,200 shares, compared to its average volume of 138,463. Guggenheim Enhanced Equity Income Fund has a fifty-two week low of $6.15 and a fifty-two week high of $9.18.
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Guggenheim Enhanced Equity Income Fund is a closed ended equity mutual fund launched and managed by Guggenheim Partners Investment Management, LLC. It is co-managed by Guggenheim Funds Investment Advisors, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.
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