BlackRock Enhanced International Dividend Trust (NYSE:BGY) to Issue Monthly Dividend of $0.04

BlackRock Enhanced International Dividend Trust (NYSE:BGY) declared a monthly dividend on Friday, February 27th. Stockholders of record on Monday, June 15th will be paid a dividend of 0.0426 per share by the investment management company on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 8.8%. The ex-dividend date of this dividend is Monday, June 15th.

BlackRock Enhanced International Dividend Trust Stock Up 1.5%

Shares of BlackRock Enhanced International Dividend Trust stock traded up $0.09 on Friday, hitting $5.82. 426,614 shares of the company’s stock traded hands, compared to its average volume of 372,173. The company has a fifty day moving average of $5.71 and a two-hundred day moving average of $5.79. BlackRock Enhanced International Dividend Trust has a one year low of $5.19 and a one year high of $6.23.

Hedge Funds Weigh In On BlackRock Enhanced International Dividend Trust

Institutional investors and hedge funds have recently modified their holdings of the business. Harbour Investments Inc. increased its stake in shares of BlackRock Enhanced International Dividend Trust by 95.1% in the 4th quarter. Harbour Investments Inc. now owns 8,965 shares of the investment management company’s stock valued at $53,000 after acquiring an additional 4,370 shares in the last quarter. Composition Wealth LLC acquired a new position in shares of BlackRock Enhanced International Dividend Trust during the 4th quarter valued at $59,000. Captrust Financial Advisors bought a new position in BlackRock Enhanced International Dividend Trust during the second quarter worth $61,000. Evolve Private Wealth LLC bought a new position in BlackRock Enhanced International Dividend Trust during the fourth quarter worth $66,000. Finally, XTX Topco Ltd acquired a new stake in BlackRock Enhanced International Dividend Trust in the second quarter worth $67,000.

About BlackRock Enhanced International Dividend Trust

BlackRock Enhanced International Dividend Trust (NYSE: BGY) is a closed-end management investment company led by BlackRock Fund Advisors. The trust seeks to provide high current income and the potential for capital appreciation by investing primarily in equity securities of non-U.S. companies. It employs an enhanced dividend strategy, combining a focus on stocks that offer attractive dividend yields with derivative overlays such as covered call writing and foreign currency hedging to help manage risk and generate additional income.

The fund’s portfolio is diversified across developed international markets, including Europe, Asia-Pacific and other regions outside the United States.