BlackRock Enhanced Global Dividend Trust (BOE) To Go Ex-Dividend on March 13th

BlackRock Enhanced Global Dividend Trust (NYSE:BOE) declared a monthly dividend on Friday, January 2nd. Investors of record on Friday, March 13th will be paid a dividend of 0.0827 per share by the financial services provider on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 8.7%. The ex-dividend date of this dividend is Friday, March 13th.

BlackRock Enhanced Global Dividend Trust Trading Up 0.1%

BOE stock traded up $0.01 during midday trading on Wednesday, reaching $11.47. 135,428 shares of the company traded hands, compared to its average volume of 172,641. BlackRock Enhanced Global Dividend Trust has a 52-week low of $9.16 and a 52-week high of $12.18. The business has a 50 day moving average of $11.87 and a 200-day moving average of $11.68.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Ameritas Advisory Services LLC raised its position in BlackRock Enhanced Global Dividend Trust by 3.4% during the 4th quarter. Ameritas Advisory Services LLC now owns 32,310 shares of the financial services provider’s stock valued at $378,000 after purchasing an additional 1,056 shares in the last quarter. Commerce Bank grew its position in shares of BlackRock Enhanced Global Dividend Trust by 10.6% during the 4th quarter. Commerce Bank now owns 11,329 shares of the financial services provider’s stock worth $133,000 after buying an additional 1,086 shares in the last quarter. Spirepoint Private Client LLC increased its stake in shares of BlackRock Enhanced Global Dividend Trust by 11.2% during the third quarter. Spirepoint Private Client LLC now owns 11,156 shares of the financial services provider’s stock valued at $129,000 after buying an additional 1,126 shares during the period. Jane Street Group LLC increased its stake in shares of BlackRock Enhanced Global Dividend Trust by 7.5% during the fourth quarter. Jane Street Group LLC now owns 17,025 shares of the financial services provider’s stock valued at $199,000 after buying an additional 1,193 shares during the period. Finally, Uhlmann Price Securities LLC grew its holdings in BlackRock Enhanced Global Dividend Trust by 5.8% during the 4th quarter. Uhlmann Price Securities LLC now owns 26,785 shares of the financial services provider’s stock worth $314,000 after acquiring an additional 1,471 shares in the last quarter.

About BlackRock Enhanced Global Dividend Trust

BlackRock Enhanced Global Dividend Trust (NYSE: BOE) is a closed-end management investment company designed to deliver a combination of high current income and capital appreciation. Listed on the New York Stock Exchange, the trust seeks to achieve its objective by investing primarily in a diversified portfolio of dividend-paying equity securities from companies around the world. To enhance income generation, BOE employs a systematic covered-call option writing strategy on a portion of its equity holdings.

The trust’s investment strategy emphasizes a global scope, allocating across developed and emerging market equities to capture dividend yields while managing geographic and sector risks.