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BlackRock Enhanced Equity Dividend Trust (BlackRock Enhanced Equity Dividend Trust) 5-Year Yield-on-Cost % : 10.18 (As of May. 12, 2024)


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What is BlackRock Enhanced Equity Dividend Trust 5-Year Yield-on-Cost %?

BlackRock Enhanced Equity Dividend Trust's yield on cost for the quarter that ended in Dec. 2023 was 10.18.


The historical rank and industry rank for BlackRock Enhanced Equity Dividend Trust's 5-Year Yield-on-Cost % or its related term are showing as below:

BDJ' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 7   Med: 8.22   Max: 15.29
Current: 10.18


During the past 7 years, BlackRock Enhanced Equity Dividend Trust's highest Yield on Cost was 15.29. The lowest was 7.00. And the median was 8.22.


BDJ's 5-Year Yield-on-Cost % is ranked better than
78.91% of 1214 companies
in the Asset Management industry
Industry Median: 5.935 vs BDJ: 10.18

Competitive Comparison of BlackRock Enhanced Equity Dividend Trust's 5-Year Yield-on-Cost %

For the Asset Management subindustry, BlackRock Enhanced Equity Dividend Trust's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock Enhanced Equity Dividend Trust's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where BlackRock Enhanced Equity Dividend Trust's 5-Year Yield-on-Cost % falls into.



BlackRock Enhanced Equity Dividend Trust 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of BlackRock Enhanced Equity Dividend Trust is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

BlackRock Enhanced Equity Dividend Trust  (NYSE:BDJ) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


BlackRock Enhanced Equity Dividend Trust 5-Year Yield-on-Cost % Related Terms

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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