BlackRock Enhanced International Dividend Trust (NYSE:BGY) Declares $0.04 Monthly Dividend

BlackRock Enhanced International Dividend Trust (NYSE:BGY) announced a monthly dividend on Friday, February 27th. Shareholders of record on Friday, May 15th will be given a dividend of 0.0426 per share by the investment management company on Friday, May 29th. This represents a c) annualized dividend and a yield of 8.8%. The ex-dividend date of this dividend is Friday, May 15th.

BlackRock Enhanced International Dividend Trust Stock Up 0.4%

NYSE BGY opened at $5.81 on Wednesday. BlackRock Enhanced International Dividend Trust has a 52 week low of $5.19 and a 52 week high of $6.23. The firm’s 50-day simple moving average is $5.64 and its two-hundred day simple moving average is $5.80.

Institutional Investors Weigh In On BlackRock Enhanced International Dividend Trust

Several institutional investors have recently added to or reduced their stakes in BGY. Waterfront Wealth Inc. lifted its holdings in shares of BlackRock Enhanced International Dividend Trust by 23.3% in the third quarter. Waterfront Wealth Inc. now owns 2,049,215 shares of the investment management company’s stock worth $11,737,000 after buying an additional 386,987 shares in the last quarter. Penserra Capital Management LLC purchased a new stake in shares of BlackRock Enhanced International Dividend Trust in the third quarter worth about $6,231,000. Flagship Harbor Advisors LLC lifted its holdings in shares of BlackRock Enhanced International Dividend Trust by 12.8% in the third quarter. Flagship Harbor Advisors LLC now owns 809,713 shares of the investment management company’s stock worth $4,656,000 after buying an additional 91,643 shares in the last quarter. City of London Investment Management Co. Ltd. lifted its holdings in shares of BlackRock Enhanced International Dividend Trust by 7.4% in the third quarter. City of London Investment Management Co. Ltd. now owns 1,973,384 shares of the investment management company’s stock worth $11,347,000 after buying an additional 136,515 shares in the last quarter. Finally, Composition Wealth LLC purchased a new stake in shares of BlackRock Enhanced International Dividend Trust in the fourth quarter worth about $59,000.

About BlackRock Enhanced International Dividend Trust

BlackRock Enhanced International Dividend Trust (NYSE: BGY) is a closed-end management investment company led by BlackRock Fund Advisors. The trust seeks to provide high current income and the potential for capital appreciation by investing primarily in equity securities of non-U.S. companies. It employs an enhanced dividend strategy, combining a focus on stocks that offer attractive dividend yields with derivative overlays such as covered call writing and foreign currency hedging to help manage risk and generate additional income.

The fund’s portfolio is diversified across developed international markets, including Europe, Asia-Pacific and other regions outside the United States.