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

BlackRock Enhanced International Dividend Trust (NYSE:BGY) declared a monthly dividend on Thursday, September 10th. Stockholders of record on Friday, November 13th will be paid a dividend of 0.0426 per share by the investment management company on Monday, November 30th. This represents a c) dividend on an annualized basis and a dividend yield of 8.8%. The ex-dividend date of this dividend is Friday, November 13th.

BlackRock Enhanced International Dividend Trust Trading Down 1.8%

Shares of BGY stock opened at $5.79 on Friday. BlackRock Enhanced International Dividend Trust has a 12 month low of $5.19 and a 12 month high of $6.23. The business’s 50 day moving average is $5.80 and its two-hundred day moving average is $5.74.

Hedge Funds Weigh In On BlackRock Enhanced International Dividend Trust

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Harbour Investments Inc. grew its holdings in shares of BlackRock Enhanced International Dividend Trust by 95.1% during the 4th 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 in the last quarter. Captrust Financial Advisors bought a new stake in BlackRock Enhanced International Dividend Trust in the 2nd quarter valued at $61,000. Evolve Private Wealth LLC acquired a new position in shares of BlackRock Enhanced International Dividend Trust in the 4th quarter valued at $66,000. XTX Topco Ltd bought a new position in shares of BlackRock Enhanced International Dividend Trust during the 2nd quarter worth about $67,000. Finally, Kovack Advisors Inc. bought a new stake in BlackRock Enhanced International Dividend Trust in the fourth quarter valued at about $71,000.

BlackRock Enhanced International Dividend Trust Company Profile

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.