First Trust Enhanced Equity Income Fund (FFA) Stock

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States, announced today it has raised more than $1 million to support the Tractor Supply FFA Future Leaders Scholarship fund. With this achievement, the annual fundraiser has generated a total of more than $3 million over three years. Tractor Supply FFA Future Leaders Scholarships are awarded to FFA students pursuing studies in the skilled trades and agriculture-related m.

Scholarships address FFA's need to foster a pipeline of future ag educators ANN ARBOR, Mich. , Nov. 19, 2024 /PRNewswire/ -- Domino's Pizza Inc. (NYSE: DPZ) has funded scholarships for Future Farmers of America (FFA) students for seven years, and is excited to announce the strategic expansion of its scholarship program for the 2024-25 cycle.

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States, and the Tractor Supply Foundation announced today the launch of the 2024 FFA Future Leaders Scholarship fundraising drive. The money raised will fund scholarships for FFA students pursuing a skilled trade or majoring in an agriculture-related field. The Tractor Supply Foundation established the FFA Future Leaders fund in 2022 with a $5 million commitment over five.

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States, announced today the launch of its 10th annual National FFA T-shirt fundraiser. For a limited time, Tractor Supply customers in stores or online can purchase special-edition T-shirts designed to commemorate the 97th National FFA Convention & Expo. Proceeds from the fundraiser are distributed to FFA chapters across the country, supporting programs and activities.

FFA offers high current income and potential capital appreciation through a diversified portfolio of high-quality stocks and a covered-call options strategy. FFA has historically strong total returns, trading at a significant P/E discount compared to S&P 500, and pays an attractive 7.0% managed distribution yield. FFA outperformed JEPI in total returns since inception, offering a potential alternative for investors concerned about high valuations in mega-cap stocks.

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Enhanced Equity Income Fund (the "Fund") (NYSE: FFA) has increased its regularly scheduled quarterly distribution to $0.35 per share from $0.315 per share. The distribution will be payable on June 28, 2024, to shareholders of record as of June 21, 2024. The ex-dividend date is expected to be June 21, 2024. The quarterly distribution information for the Fund appears below. First Trust Enhanced Equity Income Fund (FFA): Distribution per share: $0.35 Dis.

The First Trust Enhanced Equity Income Fund is a closed-end fund that uses covered calls to increase income. FFA has a diversified portfolio that emphasizes value stocks and has a higher allocation to the technology sector. While short-term results have been varied, FFA has consistently outperformed its benchmark and peers in the long term.

Equities have rallied into 2024, surpassing year-end forecasts and creating a bullish sentiment among retail investors. The First Trust Enhanced Equity Income Fund is a buy-write fund that closely tracks the S&P 500 and offers a discount to NAV. FFA has a dynamic options overlay strategy and a low proportion of its portfolio overwritten with calls, making it an attractive alternative to buying the S&P 500 outright.

The First Trust Enhanced Equity Income Fund employs a covered call-writing strategy to generate income from its portfolio without sacrificing upside potential. The fund's current yield of 7.01% is lower than some of its peers, but it is not as overwritten as all of them. The fund has outperformed the S&P 500 Index over the past three years, but its performance is expected to be stronger in bear or flat markets.