BlackRock Enhanced Equity Dividend Trust (BDJ) To Go Ex-Dividend on March 13th

BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) announced a monthly dividend on Friday, January 2nd. Investors of record on Friday, March 13th will be paid a dividend of 0.0619 per share by the investment management company on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 8.2%. The ex-dividend date of this dividend is Friday, March 13th.

BlackRock Enhanced Equity Dividend Trust Trading Down 0.2%

BlackRock Enhanced Equity Dividend Trust stock traded down $0.02 during mid-day trading on Wednesday, hitting $9.05. 243,298 shares of the company’s stock were exchanged, compared to its average volume of 418,783. BlackRock Enhanced Equity Dividend Trust has a 1-year low of $7.16 and a 1-year high of $9.76. The stock has a 50 day moving average of $9.53 and a two-hundred day moving average of $9.24.

Institutional Investors Weigh In On BlackRock Enhanced Equity Dividend Trust

A number of large investors have recently added to or reduced their stakes in BDJ. SHP Wealth Management acquired a new position in shares of BlackRock Enhanced Equity Dividend Trust during the fourth quarter worth approximately $52,000. Harbour Wealth Management Group Inc. acquired a new stake in BlackRock Enhanced Equity Dividend Trust in the 4th quarter worth $262,000. Mercer Global Advisors Inc. ADV increased its holdings in shares of BlackRock Enhanced Equity Dividend Trust by 2.0% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 106,611 shares of the investment management company’s stock worth $1,011,000 after purchasing an additional 2,094 shares during the period. NewEdge Advisors LLC raised its position in shares of BlackRock Enhanced Equity Dividend Trust by 49.9% during the fourth quarter. NewEdge Advisors LLC now owns 128,510 shares of the investment management company’s stock valued at $1,218,000 after buying an additional 42,802 shares during the last quarter. Finally, Evolve Private Wealth LLC acquired a new stake in BlackRock Enhanced Equity Dividend Trust during the fourth quarter worth about $306,000.

About BlackRock Enhanced Equity Dividend Trust

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.