BlackRock Enhanced International Dividend Trust (NYSE:BGY) to Issue $0.03 Monthly Dividend

BlackRock Enhanced International Dividend Trust (NYSE:BGY) announced a monthly dividend on Wednesday, May 1st, Zacks reports. Investors of record on Wednesday, May 15th will be given a dividend of 0.034 per share by the investment management company on Friday, May 31st. This represents a $0.41 dividend on an annualized basis and a dividend yield of 7.65%. The ex-dividend date is Tuesday, May 14th.

BlackRock Enhanced International Dividend Trust Stock Performance

BGY stock traded up $0.03 during midday trading on Friday, hitting $5.33. 145,469 shares of the stock were exchanged, compared to its average volume of 204,286. BlackRock Enhanced International Dividend Trust has a fifty-two week low of $4.68 and a fifty-two week high of $5.64. The stock’s 50-day moving average price is $5.36 and its 200-day moving average price is $5.23.

About BlackRock Enhanced International Dividend Trust

BlackRock Enhanced International Dividend Trust is a closed ended equity mutual fund launched by BlackRock, Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. It invests in public equity markets across the globe excluding the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.