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

BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) declared a monthly dividend on Thursday, August 1st, Zacks reports. Shareholders of record on Thursday, August 15th will be given a dividend of 0.056 per share by the investment management company on Friday, August 30th. This represents a $0.67 dividend on an annualized basis and a yield of 8.14%. The ex-dividend date of this dividend is Thursday, August 15th.

BlackRock Enhanced Equity Dividend Trust Stock Down 1.7 %

Shares of BDJ traded down $0.14 during midday trading on Friday, reaching $8.26. The company had a trading volume of 575,250 shares, compared to its average volume of 489,621. The firm has a 50 day simple moving average of $8.22 and a 200-day simple moving average of $8.11. BlackRock Enhanced Equity Dividend Trust has a 1-year low of $6.91 and a 1-year high of $8.54.

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.