SmarterDividends
BDJ

BlackRock Enhanced Equity Dividend Trust

BDJ

Financial Services · Stock · monthly payer

Forward Yield

8.02%

Annual Dividend

$0.74

Payout Ratio

47%

5-Yr Growth

4.4%

Ex-Date

Jun 15, 2026

Frequency

Monthly

BDJ Dividend Safety Score

77/ 100
Grade B

Safe

Dividend-growth streak10 consecutive years of growth
Cut historyCut its dividend in 2015
Earnings payout coverage47% of earnings paid out
Balance-sheet strengthDebt/equity of 0.12
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is BDJ a good dividend stock?

Yes

BlackRock Enhanced Equity Dividend Trust (BDJ) pays a monthly dividend yielding 8.02% ($0.74/yr), with 10 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 10 consecutive years of dividend growth
  • Comfortable payout ratio (47%)

Risks

  • Cut its dividend in 2015
  • Very high yield can signal elevated risk
  • Share price is down over the past 5 years

Key Data

Dividend Yield
8.02%
Payout Ratio
47%
Annual Dividend
$0.74
5-Yr Avg Growth
4.4%
Ex-Dividend Date
Jun 15, 2026
Years of Growth
10
Frequency
monthly
Beta
0.85
Market Cap
$1.6B
P/E Ratio
5.9
5-Yr Total Return
-9%
52-Week Range
$8.42 – $9.76
Dividend Safety
B · 77/100
Ever Cut?
Yes (2015)
BDJ ex-dividend date & scheduleNext ex-date Jun 15, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.74 / yr per share

Per payment (monthly)$6.17
Annual$74.00
Monthly avg$6.17