BlackRock Enhanced Global Dividend Trust (BOE) to Issue Monthly Dividend of $0.08 on February 27th

BlackRock Enhanced Global Dividend Trust (NYSE:BOE) announced a monthly dividend on Friday, January 2nd. Stockholders of record on Friday, February 13th will be paid a dividend of 0.0827 per share by the financial services provider on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 8.2%. The ex-dividend date of this dividend is Friday, February 13th.

BlackRock Enhanced Global Dividend Trust Price Performance

BlackRock Enhanced Global Dividend Trust stock traded up $0.01 during midday trading on Wednesday, reaching $12.10. The stock had a trading volume of 48,919 shares, compared to its average volume of 173,975. The stock’s 50-day simple moving average is $11.81 and its 200 day simple moving average is $11.62. BlackRock Enhanced Global Dividend Trust has a twelve month low of $9.16 and a twelve month high of $12.14.

BlackRock Enhanced Global Dividend Trust Company Profile

BlackRock Enhanced Global Dividend Trust (NYSE: BOE) is a closed-end management investment company designed to deliver a combination of high current income and capital appreciation. Listed on the New York Stock Exchange, the trust seeks to achieve its objective by investing primarily in a diversified portfolio of dividend-paying equity securities from companies around the world. To enhance income generation, BOE employs a systematic covered-call option writing strategy on a portion of its equity holdings.

The trust’s investment strategy emphasizes a global scope, allocating across developed and emerging market equities to capture dividend yields while managing geographic and sector risks.