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

BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) declared a monthly dividend on Thursday, September 10th. Shareholders of record on Friday, December 11th will be paid a dividend of 0.0619 per share by the investment management company on Tuesday, December 22nd. This represents a c) annualized dividend and a yield of 7.7%. The ex-dividend date is Friday, December 11th.

BlackRock Enhanced Equity Dividend Trust Stock Down 0.6%

BDJ stock opened at $9.62 on Friday. The business has a 50 day moving average of $9.75 and a 200 day moving average of $9.36. BlackRock Enhanced Equity Dividend Trust has a twelve month low of $8.42 and a twelve month high of $9.95.

BlackRock Enhanced Equity Dividend Trust Company Profile

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.