BlackRock Enhanced International Dividend Trust (BGY) to Issue Monthly Dividend of $0.04 on January 30th

BlackRock Enhanced International Dividend Trust (NYSE:BGY) declared a monthly dividend on Friday, January 2nd. Investors of record on Tuesday, January 20th will be paid a dividend of 0.0426 per share by the investment management company on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 8.5%. The ex-dividend date is Tuesday, January 20th.

BlackRock Enhanced International Dividend Trust Stock Performance

NYSE:BGY opened at $5.98 on Friday. The business has a 50 day moving average of $5.79 and a 200 day moving average of $5.77. BlackRock Enhanced International Dividend Trust has a 1-year low of $4.67 and a 1-year high of $6.00.

Institutional Investors Weigh In On BlackRock Enhanced International Dividend Trust

Institutional investors have recently made changes to their positions in the business. Harbour Investments Inc. boosted its position in BlackRock Enhanced International Dividend Trust by 82.8% during the second quarter. Harbour Investments Inc. now owns 4,538 shares of the investment management company’s stock valued at $26,000 after buying an additional 2,056 shares during the period. Atlantic Union Bankshares Corp purchased a new stake in BlackRock Enhanced International Dividend Trust during the 3rd quarter valued at about $31,000. Pinnacle Bancorp Inc. bought a new position in BlackRock Enhanced International Dividend Trust during the 2nd quarter worth approximately $36,000. Captrust Financial Advisors purchased a new position in BlackRock Enhanced International Dividend Trust in the 2nd quarter worth approximately $61,000. Finally, XTX Topco Ltd bought a new stake in BlackRock Enhanced International Dividend Trust in the second quarter valued at approximately $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.