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

BlackRock Enhanced International Dividend Trust (NYSE:BGY) announced a monthly dividend on Thursday, September 10th. Investors of record on Thursday, October 15th will be paid a dividend of 0.0426 per share by the investment management company on Friday, October 30th. This represents a c) annualized dividend and a yield of 8.8%. The ex-dividend date is Thursday, October 15th.

BlackRock Enhanced International Dividend Trust Stock Down 1.8%

Shares of BGY stock opened at $5.79 on Friday. BlackRock Enhanced International Dividend Trust has a 12 month low of $5.19 and a 12 month high of $6.23. The company has a 50 day simple moving average of $5.80 and a two-hundred day simple moving average of $5.74.

Institutional Investors Weigh In On BlackRock Enhanced International Dividend Trust

A number of hedge funds have recently modified their holdings of the business. Cetera Investment Advisers raised its holdings in shares of BlackRock Enhanced International Dividend Trust by 16.0% during the 1st quarter. Cetera Investment Advisers now owns 19,559 shares of the investment management company’s stock worth $106,000 after acquiring an additional 2,696 shares in the last quarter. Endeavor Private Wealth Inc. increased its stake in BlackRock Enhanced International Dividend Trust by 9.1% during the fourth quarter. Endeavor Private Wealth Inc. now owns 38,449 shares of the investment management company’s stock worth $226,000 after acquiring an additional 3,199 shares during the last quarter. UBS Group AG raised its holdings in BlackRock Enhanced International Dividend Trust by 1.2% during the 3rd quarter. UBS Group AG now owns 365,958 shares of the investment management company’s stock valued at $2,104,000 after buying an additional 4,181 shares during the period. Harbour Investments Inc. raised its holdings in BlackRock Enhanced International Dividend Trust by 95.1% during the 4th quarter. Harbour Investments Inc. now owns 8,965 shares of the investment management company’s stock valued at $53,000 after buying an additional 4,370 shares during the period. Finally, Comprehensive Money Management Services LLC lifted its position in BlackRock Enhanced International Dividend Trust by 5.8% in the first quarter. Comprehensive Money Management Services LLC now owns 80,262 shares of the investment management company’s stock worth $434,000 after buying an additional 4,386 shares during the last quarter.

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.