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

BlackRock Enhanced International Dividend Trust (NYSE:BGY) announced a monthly dividend on Friday, June 5th. Stockholders of record on Wednesday, July 15th will be paid a dividend of 0.0426 per share by the investment management company on Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 8.8%. The ex-dividend date is Wednesday, July 15th.

BlackRock Enhanced International Dividend Trust Stock Down 0.1%

Shares of BGY stock opened at $5.83 on Monday. The stock has a 50-day moving average of $5.73 and a 200-day moving average of $5.79. BlackRock Enhanced International Dividend Trust has a one year low of $5.19 and a one year high of $6.23.

Institutional Investors Weigh In On BlackRock Enhanced International Dividend Trust

Large investors have recently bought and sold shares of the company. Harbour Investments Inc. raised its holdings in BlackRock Enhanced International Dividend Trust by 95.1% in the fourth quarter. Harbour Investments Inc. now owns 8,965 shares of the investment management company’s stock worth $53,000 after purchasing an additional 4,370 shares during the period. Composition Wealth LLC acquired a new stake in BlackRock Enhanced International Dividend Trust during the 4th quarter worth $59,000. Captrust Financial Advisors acquired a new stake in BlackRock Enhanced International Dividend Trust during the 2nd quarter worth $61,000. Evolve Private Wealth LLC bought a new position in BlackRock Enhanced International Dividend Trust during the fourth quarter worth about $66,000. Finally, XTX Topco Ltd acquired a new position in BlackRock Enhanced International Dividend Trust in the second quarter valued at about $67,000.

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.