BlackRock Enhanced Equity Dividend Trust Declares Monthly Dividend of $0.06 (NYSE:BDJ)

BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) announced a monthly dividend on Thursday, August 1st, Zacks reports. Shareholders of record on Thursday, August 15th will be given a dividend of 0.056 per share by the investment management company on Friday, August 30th. This represents a $0.67 annualized dividend and a yield of 8.14%. The ex-dividend date of this dividend is Thursday, August 15th.

BlackRock Enhanced Equity Dividend Trust Stock Down 1.7 %

Shares of BDJ stock traded down $0.14 during mid-day trading on Friday, reaching $8.26. 575,250 shares of the company were exchanged, compared to its average volume of 489,621. The business’s 50 day simple moving average is $8.22 and its 200 day simple moving average is $8.11. BlackRock Enhanced Equity Dividend Trust has a fifty-two week low of $6.91 and a fifty-two week high of $8.54.

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.