BDJ Research | Milton Maxwell

BDJ

BlackRock Enhanced Equity Dividend Trust

9.32

-0.07-0.75%

Dec 16, 4:00:02 PM EST

Upcoming Earnings

Report date

≈ -/-

Earnings Call Transcripts

This Quarter (Q4 '25)

No earnings call transcript available yet

Last Quarter (Q3 '25)

No earnings call transcript available

Key Stats

Market Cap

1.65B

P/E (TTM)

9.61

Basic EPS (TTM)

0.97

Dividend Yield

0.08%

Recent Filings

8-K

Standstill deal with Saba

1/21/25Jan 21, 2025

BlackRock Enhanced Equity Dividend Trust signed a standstill agreement with Saba Capital Management on January 20, 2025, effective until the day after the 2027 annual shareholder meeting or August 31, 2027, whichever comes first. Saba agreed to customary standstill covenants, including voting its shares with the board's recommendations and avoiding proxy fights or board challenges. This pact curbs activist pressures, stabilizing governance amid potential disputes. Litigation remains off-limits except for specified cases.

8-K

Bylaws amended for trustee elections

10/28/16Oct 28, 2016

BlackRock Enhanced Equity Dividend Trust amended its bylaws on October 28, 2016, restating them entirely to revise trustee election procedures in Article I, Section 11. The changes took effect immediately, aiming to refine governance without altering core operations. No financial impacts disclosed. Bylaws now govern future board elections.

8-K

Annual meeting scheduled

2/4/11Feb 4, 2011

BlackRock Enhanced Dividend Achievers Trust announced its 2011 Annual Meeting of Shareholders for July 28, 2011, alongside dozens of other BlackRock closed-end funds. Shareholders must submit Rule 14a-8 proposals by February 28 and director nominations or other proposals by February 14 to meet timely deadlines. This routine governance step ensures orderly shareholder input. Deadlines drive participation.

8-K

Bylaws fully restated

10/29/10Oct 29, 2010

BlackRock Enhanced Dividend Achievers Trust's Board amended and restated its bylaws in full on October 25, 2010, effective October 28. This update modernizes governance without altering core operations. Bylaws now filed as Exhibit 3.1. No immediate investor impact disclosed.

8-K

Bylaws amended for standardization

10/7/08Oct 7, 2008

BlackRock Enhanced Dividend Achievers Trust amended and restated its bylaws effective May 29, 2008, to standardize governance across BlackRock's closed-end funds, enable Direct Registration System eligibility for its shares, and add advance notice rules for shareholder proposals on director nominations or other business at meetings after the 2008 annual meeting. This filing, reported October 7, 2008, under Regulation FD, promotes uniformity while tightening proposal procedures. No financial impacts disclosed. Bylaws attached as Exhibit 3.1.

About

BlackRock Enhanced Equity Dividend Trust is a closed-ended equity mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies across all market capitalizations. The fund also invests through derivatives, with an emphasis on option writing. It benchmarks the performance of its portfolio against the Russell 1000 Value Index. The fund was formerly known as BlackRock Enhanced Dividend Achievers TM Trust. BlackRock Enhanced Equity Dividend Trust was formed on August 31, 2005 and is domiciled in the United States.

CEO

Mr. Charles Choon Sik Park

IPO

8/30/2005

Website

https://www.blackrock.com/investing/products/240225/blackrock-enhanced-equity-dividend-trust-usd-fund

Sector

Financial Services

Industry

Asset Management