BlackRock Enhanced Equity Dividend Trust Plans Monthly Dividend of $0.06 (NYSE:BDJ)

BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) announced a monthly dividend on Friday, January 2nd. Investors of record on Tuesday, January 20th will be paid a dividend of 0.0619 per share by the investment management company on Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 7.8%. The ex-dividend date is Tuesday, January 20th.

BlackRock Enhanced Equity Dividend Trust Stock Up 0.3%

Shares of NYSE:BDJ opened at $9.51 on Friday. BlackRock Enhanced Equity Dividend Trust has a 12-month low of $7.16 and a 12-month high of $9.62. The business has a fifty day simple moving average of $9.23 and a 200 day simple moving average of $9.06.

Institutional Trading of BlackRock Enhanced Equity Dividend Trust

Institutional investors have recently added to or reduced their stakes in the stock. United Financial Planning Group LLC acquired a new stake in BlackRock Enhanced Equity Dividend Trust during the 3rd quarter valued at approximately $26,000. Harbor Investment Advisory LLC acquired a new position in shares of BlackRock Enhanced Equity Dividend Trust in the 4th quarter worth approximately $28,000. Pinnacle Bancorp Inc. bought a new stake in shares of BlackRock Enhanced Equity Dividend Trust in the 2nd quarter valued at $30,000. Atlantic Union Bankshares Corp acquired a new stake in shares of BlackRock Enhanced Equity Dividend Trust during the third quarter worth $32,000. Finally, Chung Wu Investment Group LLC acquired a new stake in shares of BlackRock Enhanced Equity Dividend Trust during the second quarter worth $32,000.

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.