BlackRock Enhanced Equity Dividend Trust

NYSE:BDJ Stock Report

Market Cap: US$1.5b

BlackRock Enhanced Equity Dividend Trust Past Earnings Performance

Past criteria checks 2/6

BlackRock Enhanced Equity Dividend Trust has been growing earnings at an average annual rate of 3.4%, while the Capital Markets industry saw earnings growing at 10% annually. Revenues have been declining at an average rate of 3.1% per year. BlackRock Enhanced Equity Dividend Trust's return on equity is 9.1%, and it has net margins of 312.2%.

Key information

3.4%

Earnings growth rate

3.5%

EPS growth rate

Capital Markets Industry Growth10.3%
Revenue growth rate-3.1%
Return on equity9.1%
Net Margin312.2%
Last Earnings Update31 Dec 2023

Recent past performance updates

No updates

Recent updates

BDJ: Discount Staying Wide, Staying Attractive

Mar 16

BDJ: Good Covered Call Fund For Those Looking To Own A Portfolio Of Dividend Stocks

Mar 04

BDJ: Value-Oriented Portfolio With Attractive Discount And Distribution Yield

Dec 17

BDJ: A Relatively Safe Way To Earn Income And Still Invest In Equities

Nov 20

BDJ: Deep Discount Creating A Long-Term Opportunity

Sep 13

BDJ: A Solid 8% Yielding Covered Call CEF With A Reasonable Expense Ratio

Jul 18

BDJ: High Distribution Yield And Less Volatility Than Most Funds

Jun 01

BlackRock Enhanced Equity Dividend Trust goes ex-dividend tomorrow

Feb 13

BlackRock Enhanced Equity Dividend Trust declares $0.0562 dividend

Jan 06

BDJ: Attractive Strategy For Current Environment

Dec 22

BlackRock Enhanced Equity Dividend Trust goes ex-dividend on Monday

Nov 11

BlackRock Enhanced Equity Dividend Trust declares $0.0562 dividend

Oct 06

BlackRock Enhanced Equity Dividend Trust declares $0.0562 dividend

Sep 02

BlackRock Enhanced Equity Dividend Trust declares $0.0562 dividend

Aug 05

BlackRock Enhanced Equity Dividend Trust declares $0.0562 dividend

Jul 05

BDJ: Close-Ended Diversified Equity Fund Likely To Sustain Its High Yield

Jun 17

BDJ: Boost To Distribution For This Monthly Payer

Mar 21

BDJ: Switching From Tech To Value In The CEF World - 10%+ Returns

Jan 15

BDJ: Attractive ~6% Distribution Yield Paid Monthly

Oct 03

BDJ: ~6% Distribution Rate - Latest Pullback An Opportunity

Jul 26

Evaluating CEFs: BDJ Is A Good Pick Despite Rough 2020

May 08

BlackRock Enhanced Equity Dividend Trust declares $0.05 dividend

Feb 04

BlackRock Enhanced Equity Dividend Trust declares $0.05 dividend

Jan 05

BDJ: Covered Call Fund Yielding 7.75%

Nov 16

Revenue & Expenses Breakdown
Beta

How BlackRock Enhanced Equity Dividend Trust makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:BDJ Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2348150140
30 Sep 2347154140
30 Jun 2345158140
31 Mar 234543150
31 Dec 2245-73150
30 Sep 2244-79150
30 Jun 2244-86160
31 Mar 2244120160
31 Dec 2144325160
30 Sep 2144433160
30 Jun 2144541150
31 Mar 2146261150
31 Dec 2048-19140
30 Sep 2050-75140
30 Jun 2051-131150
31 Mar 2051126150
31 Dec 1951384160
30 Sep 1952243150
30 Jun 1953102150
31 Mar 1951-12150
31 Dec 1849-125160
30 Sep 18482160
30 Jun 1846130160
31 Mar 1846187160
31 Dec 1746244150
30 Sep 1747247150
30 Jun 1747249150
31 Mar 1746227140
31 Dec 1645204140
30 Sep 1645136140
30 Jun 164567140
31 Mar 164535140
31 Dec 15452140
31 Dec 1453163140
31 Oct 1444163140
31 Jul 1444174140
30 Apr 1444184140
31 Jan 1445195140
31 Oct 1346205130
31 Jul 1347179130
30 Apr 1347154140

Quality Earnings: BDJ has a large one-off gain of $146.4M impacting its last 12 months of financial results to 31st December, 2023.

Growing Profit Margin: BDJ became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: BDJ has become profitable over the past 5 years, growing earnings by 3.4% per year.

Accelerating Growth: BDJ has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: BDJ has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (-2.3%).


Return on Equity

High ROE: BDJ's Return on Equity (9.1%) is considered low.


Return on Assets


Return on Capital Employed

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.