BlackRock Enhanced Global Dividend Trust (NYSE:BOE – Get Free Report) was the target of a significant increase in short interest in October. As of October 30th, there was short interest totaling 19,109 shares, an increase of 161.6% from the October 15th total of 7,305 shares. Based on an average daily volume of 164,136 shares, the days-to-cover ratio is presently 0.1 days.
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of BOE. Advisors Asset Management Inc. bought a new stake in BlackRock Enhanced Global Dividend Trust during the third quarter worth about $10,284,000. Bank of America Corp DE purchased a new stake in shares of BlackRock Enhanced Global Dividend Trust in the 2nd quarter worth approximately $2,396,000. Private Advisor Group LLC bought a new position in BlackRock Enhanced Global Dividend Trust during the 3rd quarter valued at approximately $1,444,000. Evolve Private Wealth LLC bought a new position in BlackRock Enhanced Global Dividend Trust during the 2nd quarter valued at approximately $1,180,000. Finally, Allspring Global Investments Holdings LLC increased its position in BlackRock Enhanced Global Dividend Trust by 23.6% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 402,803 shares of the financial services provider’s stock valued at $4,415,000 after buying an additional 76,955 shares in the last quarter.
BlackRock Enhanced Global Dividend Trust Stock Performance
BlackRock Enhanced Global Dividend Trust stock traded down $0.15 on Friday, hitting $11.13. 20,890 shares of the stock traded hands, compared to its average volume of 132,836. BlackRock Enhanced Global Dividend Trust has a 1 year low of $10.59 and a 1 year high of $12.58. The business’s fifty day simple moving average is $11.73 and its 200 day simple moving average is $11.82.
BlackRock Enhanced Global Dividend Trust Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Tuesday, December 22nd. Investors of record on Friday, December 11th will be paid a $0.0827 dividend. This represents a $0.99 annualized dividend and a dividend yield of 8.9%. The ex-dividend date is Friday, December 11th.
BlackRock Enhanced Global Dividend Trust Company Profile
BlackRock Enhanced Global Dividend Trust is a diversified closed-end management investment company listed on the New York Stock Exchange under the symbol BOE. The fund seeks to provide current income and long-term capital appreciation by investing primarily in dividend-paying equity securities issued by companies around the world. The trust uses an enhanced income strategy that may include writing covered call options on some of its portfolio holdings. This approach is designed to generate additional distributable income while maintaining exposure to global equity markets.
See Also
- Five stocks we like better than BlackRock Enhanced Global Dividend Trust
- Is Buying the NVIDIA Dip a Mistake? 3 Value Stocks Offer a Different Path Forward
- Costco’s Record $30 Dividend Shows Just How Strong Its Cash Machine Is
- Heavy Lifting: Can USA Rare Earth Turn Its First Sales Into Big Profits?
- These 3 Stocks Have Bought Back Billions, But Which Offers the Best Value?
Receive News & Ratings for BlackRock Enhanced Global Dividend Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Enhanced Global Dividend Trust and related companies with MarketBeat.com's FREE daily email newsletter.
