BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ – Get Free Report) announced a monthly dividend on Friday, June 5th. Stockholders of record on Wednesday, July 15th will be paid a dividend of 0.0619 per share by the investment management company on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 7.7%. The ex-dividend date of this dividend is Wednesday, July 15th.
BlackRock Enhanced Equity Dividend Trust Price Performance
NYSE BDJ opened at $9.66 on Monday. The firm has a 50 day simple moving average of $9.29 and a 200-day simple moving average of $9.28. BlackRock Enhanced Equity Dividend Trust has a one year low of $8.42 and a one year high of $9.76.
About BlackRock Enhanced Equity Dividend Trust
BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ) is a closed-end management investment company that seeks to provide current income and capital appreciation by investing primarily in dividend-paying equity securities. The trust pursues an enhanced dividend strategy, focusing on U.S. large-capitalization common stocks with a history of dividend payments. To augment income generation, BDJ may also employ an option overlay strategy, writing covered call options on select securities or indices.
Since commencing operations in 2006, BDJ has been advised by BlackRock Fund Advisors, one of the world’s largest asset managers.
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