BlackRock Enhanced Equity Dividend Trust (BDJ) to Issue Monthly Dividend of $0.06 on February 27th

BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) declared a monthly dividend on Friday, January 2nd. Stockholders of record on Friday, February 13th will be paid 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 dividend yield of 7.7%. The ex-dividend date is Friday, February 13th.

BlackRock Enhanced Equity Dividend Trust Trading Up 0.2%

BlackRock Enhanced Equity Dividend Trust stock traded up $0.02 during mid-day trading on Wednesday, reaching $9.65. The company had a trading volume of 92,629 shares, compared to its average volume of 424,201. The stock’s 50-day simple moving average is $9.43 and its 200-day simple moving average is $9.15. BlackRock Enhanced Equity Dividend Trust has a 1 year low of $7.16 and a 1 year high of $9.76.

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.