BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) Declares Dividend Increase – $0.06 Per Share

Posted by Caroline Horne on Dec 14th, 2024

BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ – Get Free Report) declared a monthly dividend on Friday, November 22nd,NASDAQ Dividends reports. Shareholders of record on Monday, December 16th will be paid a dividend of 0.0619 per share by the investment management company on Monday, December 23rd. This represents a $0.74 dividend on an annualized basis and a yield of 8.64%. The ex-dividend date of this dividend is Monday, December 16th. This is a boost from BlackRock Enhanced Equity Dividend Trust’s previous monthly dividend of $0.05.

BlackRock Enhanced Equity Dividend Trust Price Performance

BDJ stock traded down $0.03 during midday trading on Friday, hitting $8.60. 359,530 shares of the company’s stock were exchanged, compared to its average volume of 482,847. BlackRock Enhanced Equity Dividend Trust has a 1-year low of $7.65 and a 1-year high of $9.07. The business has a 50-day simple moving average of $8.79 and a two-hundred day simple moving average of $8.49.

About BlackRock Enhanced Equity Dividend Trust

(Get Free Report)

BlackRock Enhanced Equity Dividend Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies across all market capitalizations.