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

BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, April 15th will be paid a dividend of 0.0619 per share by the investment management company on Wednesday, April 30th. This represents a $0.74 dividend on an annualized basis and a yield of 8.86%. The ex-dividend date of this dividend is Tuesday, April 15th.

BlackRock Enhanced Equity Dividend Trust Price Performance

BDJ traded down $0.24 during midday trading on Thursday, hitting $8.39. 472,734 shares of the company traded hands, compared to its average volume of 453,072. The company’s 50-day moving average is $8.76 and its 200 day moving average is $8.68. BlackRock Enhanced Equity Dividend Trust has a 52 week low of $7.80 and a 52 week high of $9.07.

About BlackRock Enhanced Equity Dividend Trust

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.