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

BlackRock Enhanced International Dividend Trust (NYSE:BGY) announced a monthly dividend on Thursday, July 3rd, Wall Street Journal reports. Investors of record on Tuesday, July 15th will be paid a dividend of 0.0426 per share by the investment management company on Thursday, July 31st. This represents a $0.51 annualized dividend and a dividend yield of 8.89%. The ex-dividend date is Tuesday, July 15th.

BlackRock Enhanced International Dividend Trust Trading Down 0.5%

Shares of BGY opened at $5.75 on Friday. BlackRock Enhanced International Dividend Trust has a one year low of $4.67 and a one year high of $5.95. The stock has a 50 day moving average price of $5.76 and a 200 day moving average price of $5.58.

Institutional Trading of BlackRock Enhanced International Dividend Trust

A hedge fund recently raised its stake in BlackRock Enhanced International Dividend Trust stock. Royal Bank of Canada raised its stake in BlackRock Enhanced International Dividend Trust (NYSE:BGY) by 4.6% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 264,938 shares of the investment management company’s stock after buying an additional 11,717 shares during the quarter. Royal Bank of Canada’s holdings in BlackRock Enhanced International Dividend Trust were worth $1,486,000 at the end of the most recent quarter.

About BlackRock Enhanced International Dividend Trust

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.