SmarterDividends
BDJ

BlackRock Enhanced Equity Dividend Trust (BDJ) Dividend

BlackRock Enhanced Equity Dividend Trust · Financial Services · Asset Management · monthly payer

$9.56

Undervalued · +105% Add to Portfolio

As of Nov 5, 2026, BlackRock Enhanced Equity Dividend Trust (BDJ) pays a monthly dividend of $0.0620 per share, or $0.74 a year, a 7.63% yield at its $9.56 share price. The next ex-dividend date is Nov 13, 2026, paid Nov 27, 2026. It has raised its dividend 4 years in a row and has a dividend safety grade of B.

Forward Yield

7.63%

Annual Dividend

$0.74

Payout Ratio

45%

5-Yr Growth

4.4%

Ex-Date

Nov 13, 2026

Frequency

Monthly

Key facts about BDJ's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, BlackRock Enhanced Equity Dividend Trust (BDJ) has a forward dividend yield of 7.63%, based on an annual dividend of $0.74 per share and a share price of $9.56.
  • As of Nov 5, 2026, BDJ's dividend safety grade from SmarterDividends is B (79 out of 100), which rates the dividend as safe.
  • By SmarterDividends' count, BlackRock Enhanced Equity Dividend Trust (BDJ) has raised its dividend for 4 consecutive years as of Nov 5, 2026.
  • BDJ last cut its regular dividend in 2015.
  • BDJ's next ex-dividend date is Nov 13, 2026, with payment on Nov 27, 2026. Shares must be owned before that date to receive the dividend.
  • As of Nov 5, 2026, BDJ pays out 45% of its trailing 12-month earnings as dividends (its payout ratio).
  • BDJ's dividend has grown at an average rate of 4.4% a year over the past five years.
  • As of Nov 5, 2026, BDJ's 7.63% yield is 15% below its five-year average yield of 8.99%.
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for BDJ is $19.58 per share, 105% above the $9.56 share price, so BDJ screens as undervalued.
  • BlackRock Enhanced Equity Dividend Trust (BDJ) pays its dividend monthly, 12 times a year.
  • BlackRock Enhanced Equity Dividend Trust (BDJ) has raised its regular dividend 4 times and cut it 4 times across the 203 payments on record since 2005. Its most recent change was a 10.7% increase to $0.0620 per share, going ex-dividend on Dec 16, 2024. The last cut went ex-dividend on Nov 12, 2014.
Cite this page

SmarterDividends, "BDJ Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/BDJ

Is BDJ a good dividend stock?

Yes

BlackRock Enhanced Equity Dividend Trust (BDJ) pays a monthly dividend yielding 7.63% ($0.74/yr), with 4 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

  • Comfortable payout ratio (45%)

Risks

  • Cut its dividend in 2015
  • Share price is down over the past 5 years

Key Data

Dividend Yield
7.63%
Payout Ratio
45%
Annual Dividend
$0.74
5-Yr Avg Growth
4.4%
Ex-Dividend Date
Nov 13, 2026
Years of Growth
4
Frequency
monthly
Beta
0.84
Market Cap
$1.7B
P/E Ratio
5.8
5-Yr Total Return
-1%
52-Week Range
$8.42 – $9.95
Dividend Safety
B · 79/100
Ever Cut?
Yes (2015)

BDJ dividend raises and cuts

BlackRock Enhanced Equity Dividend Trust (BDJ) has raised its regular dividend 4 times and cut it 4 times across the 203 payments on record since 2005. Its most recent change was a 10.7% increase to $0.0620 per share, going ex-dividend on Dec 16, 2024. The last cut went ex-dividend on Nov 12, 2014.

Ex-dateChangeOld → newMove
Dec 16, 2024Raise$0.0560 → $0.0620+10.7%
Mar 14, 2022Raise$0.0500 → $0.0560+12.0%
Jul 12, 2019Raise$0.0470 → $0.0500+6.4%
Nov 12, 2014Cut$0.140 → $0.0470−66.4%
Dec 19, 2012Cut$0.170 → $0.140−17.6%
Jun 13, 2011Cut$0.245 → $0.170−30.6%
Sep 11, 2009Cut$0.306 → $0.245−19.9%
Sep 11, 2008Raise$0.102 → $0.306+200.0%
Every BDJ payment →Download every raise and cut (CSV)
BDJ ex-dividend date & scheduleNext ex-date Nov 13, 2026 · full ex-dividend historyView →BDJ dividend historyEvery payment, totals by year, raises and cutsView →BDJ dividend calculator100 shares pay $74.00 a year, $6.17 each monthCalculate →BDJ total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is BDJ a good dividend stock?

Yes. BlackRock Enhanced Equity Dividend Trust (BDJ) pays a monthly dividend yielding 7.63% ($0.74/yr), with 4 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is BDJ undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, BDJ's fair value is about $19.58 versus a $9.56 share price — so it looks undervalued (+105% vs. fair value).

Is BDJ's dividend safe?

BDJ has a dividend-safety grade of B (79/100), based on its payout coverage, free-cash-flow, 4-year growth streak, a dividend cut in 2015, debt and yield-versus-history.

What is BDJ's fair value?

Our blended fair-value estimate for BDJ is about $19.58 per share, roughly 105% above the current $9.56 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is BDJ a buy, hold, or sell?

We don't issue formal ratings, but on the data BDJ screens as "yes" and undervalued. BlackRock Enhanced Equity Dividend Trust (BDJ) pays a monthly dividend yielding 7.63% ($0.74/yr), with 4 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will BDJ cut its dividend?

BDJ earns a dividend-safety grade of B (79/100), and has cut its dividend before (last in 2015). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does BDJ pay a dividend?

Yes. BlackRock Enhanced Equity Dividend Trust pays a monthly dividend of about $0.74 per share annually, a forward yield of roughly 7.63%.

How much dividend does 100 shares of BDJ pay?

At $0.74 per share a year, 100 shares of BDJ pay $74.00 a year in dividends before tax, about $6.17 each month. Buying them costs about $956 at the Nov 5, 2026 price.

What is BDJ's dividend yield?

As of Nov 5, 2026, BDJ's forward dividend yield is 7.63%, based on a $0.74 annual dividend and a $9.56 share price.

What is BDJ's dividend per share?

As of Nov 5, 2026, BDJ pays $0.74 per share per year, distributed on a monthly basis.

What is BDJ's dividend payout ratio?

As of Nov 5, 2026, BDJ's payout ratio is 45% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has BDJ grown its dividend?

As of Nov 5, 2026, BDJ has increased its dividend for 4 consecutive years.

When is the next BDJ ex-dividend date?

As of Nov 5, 2026, the next ex-dividend date on record for BDJ is Nov 13, 2026.

Income Calculator

At $0.74 / yr per share

Per payment (monthly)$6.17
Annual$74.00
Monthly avg$6.17
Full BDJ dividend calculator →

Similar Dividend Stocks

JPMJPMJPMorgan Chase & Co.1.87%Financial ServicesVVVisa Inc.0.71%Financial ServicesMAMAMastercard Incorporated0.52%Financial ServicesBACBACBank of America Corporation2.48%Financial Services

Compare BDJ

BDJ vs JPMBDJ vs VBDJ vs MABDJ vs BAC

Explore more

Lists and tools related to BDJ