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

BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) declared a monthly dividend on Monday, July 1st, NASDAQ reports. Shareholders of record on Monday, July 15th will be paid a dividend of 0.0562 per share by the investment management company on Wednesday, July 31st. This represents a $0.67 annualized dividend and a yield of 8.21%. The ex-dividend date of this dividend is Monday, July 15th. This is an increase from BlackRock Enhanced Equity Dividend Trust’s previous monthly dividend of $0.06.

BlackRock Enhanced Equity Dividend Trust Stock Up 0.6 %

Shares of BDJ stock traded up $0.05 on Tuesday, hitting $8.21. 320,191 shares of the stock were exchanged, compared to its average volume of 479,902. The business has a 50-day moving average of $8.17 and a 200 day moving average of $8.04. BlackRock Enhanced Equity Dividend Trust has a fifty-two week low of $6.91 and a fifty-two week high of $8.43.

BlackRock Enhanced Equity Dividend Trust Company Profile

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.