BlackRock Enhanced Equity Dividend Trust (BDJ) to Issue Monthly Dividend of $0.06 on September 30th

by · The Cerbat Gem

BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ – Get Free Report) announced a monthly dividend on Friday, June 5th. Shareholders of record on Tuesday, September 15th will be paid a dividend of 0.0619 per share by the investment management company on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 7.7%. The ex-dividend date of this dividend is Tuesday, September 15th.

BlackRock Enhanced Equity Dividend Trust Stock Up 0.6%

Shares of BDJ stock opened at $9.70 on Friday. The business has a 50-day moving average price of $9.75 and a two-hundred day moving average price of $9.36. BlackRock Enhanced Equity Dividend Trust has a 12-month low of $8.42 and a 12-month high of $9.95.

BlackRock Enhanced Equity Dividend Trust Company Profile

(Get Free Report)

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.

See Also