BlackRock Enhanced Equity Dividend Trust (BDJ) to Distribute Monthly Dividend of $0.06 on November 30th

BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) declared a monthly dividend on Thursday, September 10th. Stockholders of record on Friday, November 13th will be given a dividend of $0.0619 per share by the investment management company on Monday, November 30th. This represents a $0.74 dividend on an annualized basis and a dividend yield of 7.7%. The ex-dividend date of this dividend is Friday, November 13th.

BlackRock Enhanced Equity Dividend Trust Price Performance

NYSE:BDJ opened at $9.68 on Wednesday. BlackRock Enhanced Equity Dividend Trust has a 12-month low of $8.42 and a 12-month high of $9.95. The stock’s 50 day simple moving average is $9.59 and its 200-day simple moving average is $9.42.

BlackRock Enhanced Equity Dividend Trust Company Profile

BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ) is a diversified, closed-end investment company designed to provide investors with current income and gains, with long-term capital appreciation as a secondary objective. The trust invests primarily in a portfolio of dividend-paying equity securities. To enhance the income generated by its investments, BDJ may use an options strategy that includes writing covered call options on selected portfolio holdings. This approach can generate option premiums while potentially limiting some participation in gains when the underlying securities rise significantly.