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BlackRock Enhanced Equity Dividend Trust (BlackRock Enhanced Equity Dividend Trust) Dividend Payout Ratio : 0.89 (As of Dec. 2023)


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What is BlackRock Enhanced Equity Dividend Trust Dividend Payout Ratio?

BlackRock Enhanced Equity Dividend Trust's dividend payout ratio for the months ended in Dec. 2023 was 0.89.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of BlackRock Enhanced Equity Dividend Trust is 0.83, which seems too high.

The historical rank and industry rank for BlackRock Enhanced Equity Dividend Trust's Dividend Payout Ratio or its related term are showing as below:

BDJ' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.39   Max: 0.83
Current: 0.83


During the past 7 years, the highest Dividend Payout Ratio of BlackRock Enhanced Equity Dividend Trust was 0.83. The lowest was 0.33. And the median was 0.39.

BDJ's Dividend Payout Ratio is ranked worse than
52.44% of 942 companies
in the Asset Management industry
Industry Median: 0.79 vs BDJ: 0.83

As of today (2024-06-09), the Dividend Yield % of BlackRock Enhanced Equity Dividend Trust is 8.17%.

During the past 7 years, the highest Trailing Annual Dividend Yield of BlackRock Enhanced Equity Dividend Trust was 12.27%. The lowest was 5.62%. And the median was 6.61%.

BlackRock Enhanced Equity Dividend Trust's Dividends per Share for the months ended in Dec. 2023 was $0.34.

During the past 12 months, BlackRock Enhanced Equity Dividend Trust's average Dividends Per Share Growth Rate was -18.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.50% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of BlackRock Enhanced Equity Dividend Trust was 7.10% per year. The lowest was 2.30% per year. And the median was 3.15% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


BlackRock Enhanced Equity Dividend Trust Dividend Payout Ratio Historical Data

The historical data trend for BlackRock Enhanced Equity Dividend Trust's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BlackRock Enhanced Equity Dividend Trust Dividend Payout Ratio Chart

BlackRock Enhanced Equity Dividend Trust Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial 0.33 - 0.34 - 0.83

BlackRock Enhanced Equity Dividend Trust Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.85 - 1.19 0.78 0.89

Competitive Comparison of BlackRock Enhanced Equity Dividend Trust's Dividend Payout Ratio

For the Asset Management subindustry, BlackRock Enhanced Equity Dividend Trust's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BlackRock Enhanced Equity Dividend Trust's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock Enhanced Equity Dividend Trust's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where BlackRock Enhanced Equity Dividend Trust's Dividend Payout Ratio falls into.



BlackRock Enhanced Equity Dividend Trust Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

BlackRock Enhanced Equity Dividend Trust's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=0.674/ 0.81
=0.83

BlackRock Enhanced Equity Dividend Trust's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.337/ 0.38
=0.89

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


BlackRock Enhanced Equity Dividend Trust Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of BlackRock Enhanced Equity Dividend Trust's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


BlackRock Enhanced Equity Dividend Trust (BlackRock Enhanced Equity Dividend Trust) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
BlackRock Enhanced Equity Dividend Trust is a United States closed-end management investment company. Its investment objective is to seek current income and current gains, with a secondary objective of long-term capital appreciation.
Executives
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
David Zhao other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Kyle Mcclements other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Christopher Accettella other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Antonio Iii Despirito other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Franco Tapia other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Frank Fabozzi director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Richard Cavanagh director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert Glenn Hubbard director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Catherine A. Lynch director 55 EAST 52ND STREET, NEW YORK NY 10055

BlackRock Enhanced Equity Dividend Trust (BlackRock Enhanced Equity Dividend Trust) Headlines