Shares of Blackrock Enhanced Equity Dividend Trust (NYSE:BDJ) traded at a new 52-week high today of $9.15. So far today approximately 296,000 shares have been exchanged, as compared to an average 30-day volume of 622,000 shares.
There is potential upside of 331.2% for shares of Blackrock Enhanced Equity Dividend Trust based on a current price of $9.13 and an average consensus analyst price target of $39.37.
Blackrock Enhanced Equity Dividend Trust share prices have moved between a 52-week high of $9.15 and a 52-week low of $4.65 and are now trading 96% above that low price at $9.13 per share.
Invests in equity securities seeking current income and current gains, with a secondary objective of long-term capital appreciation. The Trust will invest in common stocks that pay above average dividends and have the potential for capital appreciation and by utilizing an option writing strategy to enhance distributions. Under normal market conditions, at least 80% of the Funds total assets will be invested in dividend paying equities.
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