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

BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Stockholders of record on Friday, February 14th will be paid a dividend of 0.0619 per share by the investment management company on Friday, February 28th. This represents a $0.74 dividend on an annualized basis and a dividend yield of 8.39%. The ex-dividend date is Friday, February 14th. This is an increase from BlackRock Enhanced Equity Dividend Trust’s previous monthly dividend of $0.05.

BlackRock Enhanced Equity Dividend Trust Trading Up 0.6 %

NYSE:BDJ opened at $8.86 on Wednesday. BlackRock Enhanced Equity Dividend Trust has a one year low of $7.80 and a one year high of $9.07. The stock has a 50-day simple moving average of $8.59 and a 200 day simple moving average of $8.60.

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.