BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ – Get Free Report) announced a monthly dividend on Friday, February 27th. Investors of record on Friday, May 15th will be given a dividend of 0.0619 per share by the investment management company on Friday, May 29th. This represents a c) annualized dividend and a yield of 8.1%. The ex-dividend date is Friday, May 15th.
BlackRock Enhanced Equity Dividend Trust Stock Performance
Shares of BDJ stock opened at $9.14 on Wednesday. The business has a fifty day simple moving average of $9.02 and a 200 day simple moving average of $9.21. BlackRock Enhanced Equity Dividend Trust has a twelve month low of $8.38 and a twelve month 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.
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