BlackRock Enhanced Global Dividend Trust (NYSE:BOE) Plans Monthly Dividend of $0.08

BlackRock Enhanced Global Dividend Trust (NYSE:BOE) declared a monthly dividend on Friday, June 5th. Shareholders of record on Tuesday, September 15th will be paid a dividend of 0.0827 per share by the financial services provider on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 8.2%. The ex-dividend date of this dividend is Tuesday, September 15th.

BlackRock Enhanced Global Dividend Trust Trading Up 0.7%

Shares of BlackRock Enhanced Global Dividend Trust stock opened at $12.16 on Friday. BlackRock Enhanced Global Dividend Trust has a 52-week low of $10.59 and a 52-week high of $12.58. The company’s 50-day simple moving average is $12.25 and its 200-day simple moving average is $11.86.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of BOE. Private Advisor Group LLC grew its holdings in shares of BlackRock Enhanced Global Dividend Trust by 0.7% during the first quarter. Private Advisor Group LLC now owns 120,609 shares of the financial services provider’s stock worth $1,322,000 after buying an additional 858 shares in the last quarter. Ameritas Advisory Services LLC raised its stake in BlackRock Enhanced Global Dividend Trust by 3.4% during the fourth quarter. Ameritas Advisory Services LLC now owns 32,310 shares of the financial services provider’s stock worth $378,000 after purchasing an additional 1,056 shares during the period. Commerce Bank increased its holdings in shares of BlackRock Enhanced Global Dividend Trust by 10.6% during the 4th quarter. Commerce Bank now owns 11,329 shares of the financial services provider’s stock worth $133,000 after buying an additional 1,086 shares during the last quarter. Jane Street Group LLC boosted its holdings in BlackRock Enhanced Global Dividend Trust by 7.5% in the fourth quarter. Jane Street Group LLC now owns 17,025 shares of the financial services provider’s stock valued at $199,000 after acquiring an additional 1,193 shares during the last quarter. Finally, Founders Financial Alliance LLC raised its holdings in shares of BlackRock Enhanced Global Dividend Trust by 13.7% in the 4th quarter. Founders Financial Alliance LLC now owns 13,576 shares of the financial services provider’s stock worth $159,000 after purchasing an additional 1,641 shares during the period.

About BlackRock Enhanced Global Dividend Trust

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.