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

BlackRock Enhanced Equity Dividend Trust (NYSE:BDJGet Free Report) declared a monthly dividend on Friday, January 2nd. Shareholders of record on Friday, February 13th will be given a dividend of 0.0619 per share by the investment management company on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 7.7%. The ex-dividend date is Friday, February 13th.

BlackRock Enhanced Equity Dividend Trust Stock Down 1.1%

Shares of NYSE BDJ opened at $9.63 on Wednesday. BlackRock Enhanced Equity Dividend Trust has a twelve month low of $7.16 and a twelve month high of $9.76. The stock has a fifty day simple moving average of $9.43 and a 200-day simple moving average of $9.15.

BlackRock Enhanced Equity Dividend Trust Company Profile

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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.

Further Reading

Dividend History for BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)

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