BlackRock Enhanced International Dividend Trust (NYSE:BGY) Declares $0.04 Monthly Dividend

BlackRock Enhanced International Dividend Trust (NYSE:BGY) declared a monthly dividend on Friday, January 2nd. Shareholders of record on Friday, February 13th will be paid a dividend of 0.0426 per share by the investment management company on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 8.3%. The ex-dividend date of this dividend is Friday, February 13th.

BlackRock Enhanced International Dividend Trust Stock Performance

Shares of BlackRock Enhanced International Dividend Trust stock opened at $6.18 on Wednesday. The business has a fifty day simple moving average of $5.90 and a 200-day simple moving average of $5.80. BlackRock Enhanced International Dividend Trust has a fifty-two week low of $4.67 and a fifty-two week high of $6.19.

Hedge Funds Weigh In On BlackRock Enhanced International Dividend Trust

Hedge funds have recently made changes to their positions in the business. Penserra Capital Management LLC bought a new stake in shares of BlackRock Enhanced International Dividend Trust in the 3rd quarter worth approximately $6,231,000. Flagship Harbor Advisors LLC bought a new position in shares of BlackRock Enhanced International Dividend Trust in the second quarter valued at $4,158,000. Lazard Asset Management LLC acquired a new stake in shares of BlackRock Enhanced International Dividend Trust during the 3rd quarter valued at $3,670,000. Waterfront Wealth Inc. boosted its stake in shares of BlackRock Enhanced International Dividend Trust by 23.3% during the 3rd quarter. Waterfront Wealth Inc. now owns 2,049,215 shares of the investment management company’s stock worth $11,737,000 after acquiring an additional 386,987 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its stake in shares of BlackRock Enhanced International Dividend Trust by 4.7% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 7,046,202 shares of the investment management company’s stock worth $40,516,000 after acquiring an additional 314,349 shares in the last quarter.

About BlackRock Enhanced International Dividend Trust

BlackRock Enhanced International Dividend Trust (NYSE: BGY) is a closed-end management investment company led by BlackRock Fund Advisors. The trust seeks to provide high current income and the potential for capital appreciation by investing primarily in equity securities of non-U.S. companies. It employs an enhanced dividend strategy, combining a focus on stocks that offer attractive dividend yields with derivative overlays such as covered call writing and foreign currency hedging to help manage risk and generate additional income.

The fund’s portfolio is diversified across developed international markets, including Europe, Asia-Pacific and other regions outside the United States.