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

BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) announced a monthly dividend on Friday, December 12th. Investors of record on Monday, December 22nd will be paid a dividend of 0.0619 per share by the investment management company on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 7.9%. The ex-dividend date of this dividend is Monday, December 22nd.

BlackRock Enhanced Equity Dividend Trust Stock Performance

BlackRock Enhanced Equity Dividend Trust stock opened at $9.38 on Friday. The stock’s 50 day moving average price is $9.07 and its two-hundred day moving average price is $8.95. BlackRock Enhanced Equity Dividend Trust has a 52-week low of $7.16 and a 52-week high of $9.39.

BlackRock Enhanced Equity Dividend Trust Company Profile

BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ) is a closed-end management investment company that seeks to provide current income and capital appreciation by investing primarily in dividend-paying equity securities. The trust pursues an enhanced dividend strategy, focusing on U.S. large-capitalization common stocks with a history of dividend payments. To augment income generation, BDJ may also employ an option overlay strategy, writing covered call options on select securities or indices.

Since commencing operations in 2006, BDJ has been advised by BlackRock Fund Advisors, one of the world’s largest asset managers.