Reminder - BlackRock Enhanced Equity Dividend Trust (BDJ) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 12/18/14, BlackRock Enhanced Equity Dividend Trust (BDJ) will trade ex-dividend, for its monthly dividend of $0.0467, payable on 12/31/14. As a percentage of BDJ's recent stock price of $7.96, this dividend works out to approximately 0.59%, so look for shares of BlackRock Enhanced Equity Dividend Trust to trade 0.59% lower — all else being equal — when BDJ shares open for trading on 12/18/14.

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Below is a dividend history chart for BDJ, showing historical dividends prior to the most recent $0.0467 declared by BlackRock Enhanced Equity Dividend Trust:

BDJ+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from BDJ is likely to continue, and whether the current estimated yield of 7.04% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of BDJ shares, versus its 200 day moving average:

BlackRock Enhanced Equity Dividend Trust 200 Day Moving Average Chart

Looking at the chart above, BDJ's low point in its 52 week range is $7.27 per share, with $8.47 as the 52 week high point — that compares with a last trade of $7.96.

According to the ETF Finder at ETF Channel, BDJ makes up 2.10% of the PowerShares CEF Income Composite Portfolio ETF ( PCEF) which is trading lower by about 0.6% on the day Tuesday.

In Tuesday trading, BlackRock Enhanced Equity Dividend Trust shares are currently down about 0.6% on the day.

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