BlackRock Enhanced Dividend Achievers Tr (NYSE:BDJ) shares rose 11.1% during trading on Wednesday . The stock traded as high as $5.74 and last traded at $6.21, approximately 746,575 shares changed hands during mid-day trading. A decline of 13% from the average daily volume of 858,481 shares. The stock had previously closed at $5.59.
The company has a 50 day moving average price of $8.11 and a 200 day moving average price of $9.10.
The company also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be paid a $0.05 dividend. The ex-dividend date is Friday, March 13th. This represents a $0.60 annualized dividend and a dividend yield of 9.26%.
About BlackRock Enhanced Dividend Achievers Tr (NYSE:BDJ)
BlackRock Enhanced Equity Dividend Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies across all market capitalizations.
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