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

BlackRock Enhanced International Dividend Trust (NYSE:BGY) announced a monthly dividend on Monday, November 3rd. Stockholders of record on Friday, November 14th will be paid a dividend of 0.0426 per share by the investment management company on Friday, November 28th. This represents a c) annualized dividend and a dividend yield of 8.9%. The ex-dividend date is Friday, November 14th.

BlackRock Enhanced International Dividend Trust Price Performance

Shares of BGY opened at $5.75 on Tuesday. BlackRock Enhanced International Dividend Trust has a twelve month low of $4.67 and a twelve month high of $5.95. The company’s fifty day simple moving average is $5.78 and its 200-day simple moving average is $5.74.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Allspring Global Investments Holdings LLC grew its holdings in shares of BlackRock Enhanced International Dividend Trust by 4.7% in the third quarter. Allspring Global Investments Holdings LLC now owns 7,046,202 shares of the investment management company’s stock worth $40,516,000 after purchasing an additional 314,349 shares during the last quarter. Sit Investment Associates Inc. grew its holdings in BlackRock Enhanced International Dividend Trust by 26.3% during the 1st quarter. Sit Investment Associates Inc. now owns 2,271,475 shares of the investment management company’s stock worth $12,743,000 after acquiring an additional 473,417 shares in the last quarter. Waterfront Wealth Inc. grew its holdings in BlackRock Enhanced International Dividend Trust by 7.2% during the 2nd quarter. Waterfront Wealth Inc. now owns 1,662,228 shares of the investment management company’s stock worth $9,624,000 after acquiring an additional 112,160 shares in the last quarter. Baird Financial Group Inc. grew its holdings in BlackRock Enhanced International Dividend Trust by 5.3% during the 2nd quarter. Baird Financial Group Inc. now owns 906,402 shares of the investment management company’s stock worth $5,248,000 after acquiring an additional 45,988 shares in the last quarter. Finally, Bank of America Corp DE grew its holdings in BlackRock Enhanced International Dividend Trust by 4.4% during the 2nd quarter. Bank of America Corp DE now owns 778,917 shares of the investment management company’s stock worth $4,510,000 after acquiring an additional 33,057 shares in the last quarter.

BlackRock Enhanced International Dividend Trust Company Profile

BlackRock Enhanced International Dividend Trust is a closed ended equity mutual fund launched by BlackRock, Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. It invests in public equity markets across the globe excluding the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.