BlackRock Enhanced Global Dividend Trust (BOE) To Go Ex-Dividend on June 15th

BlackRock Enhanced Global Dividend Trust (NYSE:BOE) announced a monthly dividend on Friday, February 27th. Investors of record on Monday, June 15th will be paid a dividend of 0.0827 per share by the financial services provider on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 8.3%. The ex-dividend date of this dividend is Monday, June 15th.

BlackRock Enhanced Global Dividend Trust Stock Up 0.7%

NYSE:BOE traded up $0.08 during trading hours on Friday, reaching $11.94. 100,238 shares of the company’s stock were exchanged, compared to its average volume of 149,840. The company has a 50-day moving average of $11.73 and a 200 day moving average of $11.69. BlackRock Enhanced Global Dividend Trust has a 1-year low of $10.59 and a 1-year high of $12.18.

Institutional Trading of BlackRock Enhanced Global Dividend Trust

Large investors have recently bought and sold shares of the business. Morgan Stanley lifted its stake in shares of BlackRock Enhanced Global Dividend Trust by 3.0% in the 4th quarter. Morgan Stanley now owns 7,519,901 shares of the financial services provider’s stock worth $88,058,000 after acquiring an additional 220,422 shares during the period. Saba Capital Management L.P. lifted its stake in shares of BlackRock Enhanced Global Dividend Trust by 6.7% in the 4th quarter. Saba Capital Management L.P. now owns 2,555,063 shares of the financial services provider’s stock worth $29,920,000 after acquiring an additional 160,525 shares during the period. Guggenheim Capital LLC lifted its stake in shares of BlackRock Enhanced Global Dividend Trust by 13.6% in the 4th quarter. Guggenheim Capital LLC now owns 1,148,096 shares of the financial services provider’s stock worth $13,444,000 after acquiring an additional 137,344 shares during the period. Advisors Asset Management Inc. lifted its stake in shares of BlackRock Enhanced Global Dividend Trust by 17.7% in the 4th quarter. Advisors Asset Management Inc. now owns 1,010,603 shares of the financial services provider’s stock worth $11,834,000 after acquiring an additional 152,181 shares during the period. Finally, Lazard Asset Management LLC lifted its stake in shares of BlackRock Enhanced Global Dividend Trust by 247.3% in the 4th quarter. Lazard Asset Management LLC now owns 888,386 shares of the financial services provider’s stock worth $10,403,000 after acquiring an additional 632,567 shares during the period.

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.