DV
Dividend Vision

BDJ CEF — BlackRock Enhanced Equity Dividend Trust

BlackRock Enhanced Equity Dividend Trust (BDJ)

Updated November 12, 2026.

Verdict as of November 12, 2026 close

BDJ's distribution is rated safe by the Dividend Vision Distribution Safety Score™ (97/100, high confidence). It pays monthly and its distribution rate is 10.15%. The latest total cash payment per current share, $0.0619 with an ex-date of November 13, 2026, was 0.2% lower than the previous $0.062. Monthly payouts from this fund vary with its option income; a smaller payment is not necessarily a cut to its regular rate.

Sources: BlackRock page for BDJ, Section 19a-1 notices, scoring methodology.

BDJ is a CEF. Its distribution rate is 10.15%, its trailing-12-month yield is 9.49%, its expense ratio is 0.8661%. Dividend Vision Distribution Safety Score™ is 97/100 (Safe). Total return is 320.0% over the past 21.2 years, 504.1 points behind SPY at 824.1%.

At the current 10.15% distribution rate, a $10,000 investment would generate approximately $1,015 per year, or $84.58 per month.

BDJ dividend yield and income

Price as of 2026-11-12.

The distribution rate (10.15%) uses latest regular dividend ($0.0819) × 12 ÷ market price dated 2026-11-12; one-off specials excluded; identified recurring supplementals included. Trailing-12-month yield (9.49%) is the last year of cash distributions by ex-date divided by the current price. The dividend amount is $0.0619. The ex-dividend date is 11/13/2026. The payment date is 11/30/2026. At the current 10.15% distribution rate, a $10,000 investment would generate approximately $1,015 per year, or $84.58 per month.

Recorded distribution timeline (206)
Ex-dateAmountChange from previous payment
2026-11-13$0.0619-0.2%
Total cash (unclassified)
2026-10-15$0.0620.0%
Total cash (unclassified)
2026-09-15$0.0620.0%
Total cash (unclassified)
2026-08-14$0.0620.0%
Total cash (unclassified)
2026-07-15$0.0620.0%
Total cash (unclassified)
2026-06-15$0.0620.0%
Total cash (unclassified)
2026-05-15$0.0620.0%
Total cash (unclassified)
2026-04-15$0.0620.0%
Total cash (unclassified)
2026-03-13$0.0620.0%
Total cash (unclassified)
2026-02-13$0.0620.0%
Total cash (unclassified)
2026-01-20$0.062-64.6%
Total cash (unclassified)
2025-12-22$0.175182.3%
Total cash (unclassified)
2025-11-14$0.0620.0%
Total cash (unclassified)
2025-10-15$0.0620.0%
Total cash (unclassified)
2025-09-15$0.0620.0%
Total cash (unclassified)
2025-08-15$0.0620.0%
Total cash (unclassified)
2025-07-15$0.0620.0%
Total cash (unclassified)
2025-06-13$0.0620.0%
Total cash (unclassified)
2025-05-15$0.0620.0%
Total cash (unclassified)
2025-04-15$0.0620.0%
Total cash (unclassified)
2025-03-14$0.0620.0%
Total cash (unclassified)
2025-02-14$0.0620.0%
Total cash (unclassified)
2025-01-15$0.0620.0%
Total cash (unclassified)
2024-12-16$0.06210.7%
Total cash (unclassified)
2024-11-15$0.0560.0%
Total cash (unclassified)
2024-10-15$0.0560.0%
Total cash (unclassified)
2024-09-16$0.0560.0%
Total cash (unclassified)
2024-08-15$0.0560.0%
Total cash (unclassified)
2024-07-15$0.0560.0%
Total cash (unclassified)
2024-06-14$0.0560.0%
Total cash (unclassified)
2024-05-14$0.0560.0%
Total cash (unclassified)
2024-04-12$0.0560.0%
Total cash (unclassified)
2024-03-14$0.0560.0%
Total cash (unclassified)
2024-02-14$0.0560.0%
Total cash (unclassified)
2024-01-11$0.056-49.5%
Total cash (unclassified)
2023-12-14$0.11198.2%
Total cash (unclassified)
2023-11-14$0.0560.0%
Total cash (unclassified)
2023-10-13$0.0560.0%
Total cash (unclassified)
2023-09-14$0.0560.0%
Total cash (unclassified)
2023-08-14$0.0560.0%
Total cash (unclassified)
2023-07-13$0.0560.0%
Total cash (unclassified)
2023-06-14$0.0560.0%
Total cash (unclassified)
2023-05-12$0.0560.0%
Total cash (unclassified)
2023-04-13$0.0560.0%
Total cash (unclassified)
2023-03-14$0.0560.0%
Total cash (unclassified)
2023-02-14$0.0560.0%
Total cash (unclassified)
2023-01-12$0.056-79.6%
Total cash (unclassified)
2022-12-15$0.274389.3%
Total cash (unclassified)
2022-11-14$0.0560.0%
Total cash (unclassified)
2022-10-13$0.0560.0%
Total cash (unclassified)
2022-09-14$0.0560.0%
Total cash (unclassified)
2022-08-12$0.0560.0%
Total cash (unclassified)
2022-07-14$0.0560.0%
Total cash (unclassified)
2022-06-14$0.0560.0%
Total cash (unclassified)
2022-05-13$0.0560.0%
Total cash (unclassified)
2022-04-13$0.0560.0%
Total cash (unclassified)
2022-03-14$0.05612.0%
Total cash (unclassified)
2022-02-14$0.050.0%
Total cash (unclassified)
2022-01-13$0.05-84.3%
Total cash (unclassified)
2021-12-16$0.319538.0%
Total cash (unclassified)
2021-11-12$0.050.0%
Total cash (unclassified)
2021-10-14$0.050.0%
Total cash (unclassified)
2021-09-14$0.050.0%
Total cash (unclassified)
2021-08-13$0.050.0%
Total cash (unclassified)
2021-07-14$0.050.0%
Total cash (unclassified)
2021-06-14$0.050.0%
Total cash (unclassified)
2021-05-13$0.050.0%
Total cash (unclassified)
2021-04-14$0.050.0%
Total cash (unclassified)
2021-03-12$0.050.0%
Total cash (unclassified)
2021-02-12$0.050.0%
Total cash (unclassified)
2021-01-14$0.050.0%
Total cash (unclassified)
2020-12-14$0.050.0%
Total cash (unclassified)
2020-11-13$0.050.0%
Total cash (unclassified)
2020-10-14$0.050.0%
Total cash (unclassified)
2020-09-14$0.050.0%
Total cash (unclassified)
2020-08-13$0.050.0%
Total cash (unclassified)
2020-07-14$0.050.0%
Total cash (unclassified)
2020-06-12$0.050.0%
Total cash (unclassified)
2020-05-14$0.050.0%
Total cash (unclassified)
2020-04-14$0.050.0%
Total cash (unclassified)
2020-03-13$0.050.0%
Total cash (unclassified)
2020-02-13$0.050.0%
Total cash (unclassified)
2020-01-14$0.05-77.4%
Total cash (unclassified)
2019-12-13$0.221342.0%
Total cash (unclassified)
2019-11-14$0.050.0%
Total cash (unclassified)
2019-10-11$0.050.0%
Total cash (unclassified)
2019-09-13$0.050.0%
Total cash (unclassified)
2019-08-14$0.050.0%
Total cash (unclassified)
2019-07-12$0.056.4%
Total cash (unclassified)
2019-06-13$0.0470.0%
Total cash (unclassified)
2019-05-14$0.0470.0%
Total cash (unclassified)
2019-04-12$0.0470.0%
Total cash (unclassified)
2019-03-14$0.0470.0%
Total cash (unclassified)
2019-02-14$0.0470.0%
Total cash (unclassified)
2019-01-14$0.0470.0%
Total cash (unclassified)
2018-12-14$0.0470.0%
Total cash (unclassified)
2018-11-14$0.0470.0%
Total cash (unclassified)
2018-10-12$0.0470.0%
Total cash (unclassified)
2018-09-13$0.0470.0%
Total cash (unclassified)
2018-08-14$0.0470.0%
Total cash (unclassified)
2018-07-13$0.0470.0%
Total cash (unclassified)
2018-06-14$0.0470.0%
Total cash (unclassified)
2018-05-14$0.0470.0%
Total cash (unclassified)
2018-04-13$0.0470.0%
Total cash (unclassified)
2018-03-14$0.0470.0%
Total cash (unclassified)
2018-02-14$0.0470.0%
Total cash (unclassified)
2018-01-12$0.0470.0%
Total cash (unclassified)
2017-12-15$0.0470.0%
Total cash (unclassified)
2017-11-14$0.0470.0%
Total cash (unclassified)
2017-10-13$0.0470.0%
Total cash (unclassified)
2017-09-14$0.0470.0%
Total cash (unclassified)
2017-08-11$0.0470.0%
Total cash (unclassified)
2017-07-12$0.0470.0%
Total cash (unclassified)
2017-06-13$0.0470.0%
Total cash (unclassified)
2017-05-11$0.0470.0%
Total cash (unclassified)
2017-04-11$0.0470.0%
Total cash (unclassified)
2017-03-13$0.0470.0%
Total cash (unclassified)
2017-02-13$0.0470.0%
Total cash (unclassified)
2017-01-11$0.0470.0%
Total cash (unclassified)
2016-12-15$0.0470.0%
Total cash (unclassified)
2016-11-10$0.0470.0%
Total cash (unclassified)
2016-10-12$0.0470.0%
Total cash (unclassified)
2016-09-13$0.0470.0%
Total cash (unclassified)
2016-08-11$0.0470.0%
Total cash (unclassified)
2016-07-13$0.0470.0%
Total cash (unclassified)
2016-06-13$0.0470.0%
Total cash (unclassified)
2016-05-12$0.0470.0%
Total cash (unclassified)
2016-04-13$0.0470.0%
Total cash (unclassified)
2016-03-11$0.0470.0%
Total cash (unclassified)
2016-02-11$0.0470.0%
Total cash (unclassified)
2016-01-13$0.0470.0%
Total cash (unclassified)
2015-12-16$0.0470.0%
Total cash (unclassified)
2015-11-12$0.0470.0%
Total cash (unclassified)
2015-10-13$0.0470.0%
Total cash (unclassified)
2015-09-11$0.0470.0%
Total cash (unclassified)
2015-08-12$0.0470.0%
Total cash (unclassified)
2015-07-13$0.0470.0%
Total cash (unclassified)
2015-06-11$0.0470.0%
Total cash (unclassified)
2015-05-13$0.0470.0%
Total cash (unclassified)
2015-04-13$0.0470.0%
Total cash (unclassified)
2015-03-11$0.0470.0%
Total cash (unclassified)
2015-02-11$0.0470.0%
Total cash (unclassified)
2015-01-13$0.0470.0%
Total cash (unclassified)
2014-12-18$0.0470.0%
Total cash (unclassified)
2014-11-12$0.047N/A
2014-10-14$0.0467N/A
2014-10-10$0.14N/A
2014-09-11$0.047-66.4%
Total cash (unclassified)
2014-06-12$0.140.0%
Total cash (unclassified)
2014-03-12$0.140.0%
Total cash (unclassified)
2013-12-18$0.140.0%
Total cash (unclassified)
2013-09-12$0.140.0%
Total cash (unclassified)
2013-06-12$0.140.0%
Total cash (unclassified)
2013-03-13$0.140.0%
Total cash (unclassified)
2012-12-19$0.14-17.6%
Total cash (unclassified)
2012-09-12$0.170.0%
Total cash (unclassified)
2012-06-13$0.170.0%
Total cash (unclassified)
2012-03-13$0.170.0%
Total cash (unclassified)
2011-12-16$0.170.0%
Total cash (unclassified)
2011-09-13$0.170.0%
Total cash (unclassified)
2011-06-13$0.17-30.6%
Total cash (unclassified)
2011-03-11$0.2450.0%
Total cash (unclassified)
2010-12-17$0.2450.0%
Total cash (unclassified)
2010-09-13$0.2450.0%
Total cash (unclassified)
2010-06-11$0.2450.0%
Total cash (unclassified)
2010-03-11$0.2450.0%
Total cash (unclassified)
2009-12-18$0.2450.0%
Total cash (unclassified)
2009-09-11$0.245-19.9%
Total cash (unclassified)
2009-06-11$0.3060.0%
Total cash (unclassified)
2009-03-12$0.3060.0%
Total cash (unclassified)
2008-12-18$0.3060.0%
Total cash (unclassified)
2008-09-11$0.306N/A
2008-06-12$0.102N/A
2008-05-13$0.1020.0%
Total cash (unclassified)
2008-04-11$0.1020.0%
Total cash (unclassified)
2008-03-12$0.1020.0%
Total cash (unclassified)
2008-02-13$0.102N/A
2007-12-26$0.102N/A
2007-12-18$0.1020.0%
Total cash (unclassified)
2007-11-13$0.1020.0%
Total cash (unclassified)
2007-10-11$0.1020.0%
Total cash (unclassified)
2007-09-12$0.1020.0%
Total cash (unclassified)
2007-08-13$0.1020.0%
Total cash (unclassified)
2007-07-12$0.1020.0%
Total cash (unclassified)
2007-06-13$0.1020.0%
Total cash (unclassified)
2007-05-11$0.1020.0%
Total cash (unclassified)
2007-04-12$0.1020.0%
Total cash (unclassified)
2007-03-13$0.102N/A
2007-02-13$0.102N/A
2006-12-22$0.102N/A
2006-12-13$0.1020.0%
Total cash (unclassified)
2006-11-13$0.1020.0%
Total cash (unclassified)
2006-10-12$0.1020.0%
Total cash (unclassified)
2006-09-13$0.1020.0%
Total cash (unclassified)
2006-08-11$0.1020.0%
Total cash (unclassified)
2006-07-12$0.1020.0%
Total cash (unclassified)
2006-06-13$0.1020.0%
Total cash (unclassified)
2006-05-11$0.1020.0%
Total cash (unclassified)
2006-04-12$0.1020.0%
Total cash (unclassified)
2006-03-13$0.1020.0%
Total cash (unclassified)
2006-02-13$0.1020.0%
Total cash (unclassified)
2006-01-12$0.1020.0%
Total cash (unclassified)
2005-12-13$0.102N/A
2005-11-10$0.102N/A
2005-10-26$0.0626N/A
2005-10-24$0.102—
2005 total (partial launch year)$0.3686—
2006 total (cadence changed)$1.326—
2007 total$1.224-7.7%
2008 total$1.122-8.3%
2009 total (cadence changed)$1.102-1.8%
2010 total$0.98-11.1%
2011 total$0.755-23.0%
2012 total$0.65-13.9%
2013 total$0.56-13.8%
2014 total (cadence changed)$0.60778.5%
2015 total$0.564-7.2%
2016 total$0.5640.0%
2017 total$0.5640.0%
2018 total$0.5640.0%
2019 total$0.75333.5%
2020 total$0.6-20.3%
2021 total$0.86944.8%
2022 total$0.8781.0%
2023 total$0.727-17.2%
2024 total$0.678-6.7%
2025 total$0.85726.4%
2026 YTD total$0.6819-0.0% vs prior-year YTD

BDJ dividend growth

Trailing-12-month distributions versus the preceding 12 months changed +15.2%. The 1Y row below uses this same adjacent TTM cash-window comparison.

TTM income vs TTM N years earlier
WindowChange
1Y+15.2%
3Y-3.7%
5Y42.8%
10Y51.9%

BDJ holdings and sector exposure

The top 10 holdings are 27.6% of the fund.

TickerNameWeight
—Wells Fargo & Co3.34%
—Anthem Inc3.25%
—BlackRock Liquidity T-Fund Instl3.07%
—Citigroup Inc2.71%
—American International Group Inc2.65%
—Bank of America Corp2.58%
—Cisco Systems Inc2.56%
—Cognizant Technology Solutions Corp A2.55%
—Unilever NV ADR2.46%
—Altria Group Inc2.43%

To see how this fund's sectors add up across your own holdings, use True Exposure.

BDJ performance versus SPY

Total return is 320.0% over the past 21.2 years, 504.1 points behind SPY at 824.1%. Over the past year its total return — price change plus distributions reinvested — is 16.5%. Its deepest 1-year drawdown was 12.3%.

WindowTotal returnCAGR
1M1.5%—
3M-0.2%—
6M10.2%—
YTD9.1%—
1Y16.5%—
2Y CAGR—14.50%
3Y CAGR—19.70%
5Y CAGR—8.30%
10Y CAGR—10.90%
Since inception 2005-08-26 · 21.2 years320.0%7.00%

BDJ key facts

Distribution Safety Score™
97 · Safe
Safety-Adjusted Yield
9.85%
Issuer
BlackRock
Asset type
CEF
Asset class
Equity
Inception date
08/26/2005
Expense ratio
0.8661%
Distribution rate
10.15%
Distribution frequency
Monthly
Trailing yield
9.49%
5-year average yield
8.0
Last close
$9.68 (as of 2026-11-12)
NAV
$10.24; NAV date unknown
Premium / discount
Premium not shown · NAV date unknown
Market cap
$1,712,824,576
Average volume
399,339
Dividend
$0.0619
Ex-dividend date
11/13/2026
Payment date
11/30/2026
Beta
0.837

AUM unavailable in this published snapshot. Missing values do not mean zero or complete coverage.

How Dividend Vision calculates yield and returns

Distribution rate (10.15%) uses latest regular dividend ($0.0819) × 12 ÷ market price dated 2026-11-12; one-off specials excluded; identified recurring supplementals included. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (9.49%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: BlackRock or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

BDJ risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 12.3%.

Who may consider BDJ — and who may not

BDJ may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on BDJ

Tagged: Covered Call, Dividend, CEF.

Frequently asked questions

Does BDJ pay monthly?

Yes. BDJ currently pays monthly.

What is BDJ's expense ratio?

BDJ's expense ratio is 0.8661%.

What is BDJ's dividend yield?

BDJ's distribution rate is 10.15%, paid monthly, with a 0.8661% expense ratio — latest regular dividend ($0.0819) × 12 ÷ market price dated 2026-11-12; one-off specials excluded; identified recurring supplementals included.

How has BDJ's dividend grown?

Trailing-12-month distributions versus the preceding 12 months changed +15.2%. That is the same adjacent TTM cash-window comparison used in the dividend-history table.

When does BDJ pay a dividend?

BDJ pays monthly. The dividend amount is $0.0619. The ex-dividend date is 11/13/2026. The payment date is 11/30/2026.

How has BDJ performed?

Total return is 320.0% over the past 21.2 years, 504.1 points behind SPY at 824.1%. Over the past year its total return — price change plus distributions reinvested — is 16.5%. Its deepest 1-year drawdown was 12.3%.

Is BDJ a good investment?

BDJ's Dividend Vision Distribution Safety Score is 97 (Safe). That is a risk signal, not investment advice. Its distribution rate is 10.15% (latest regular dividend ($0.0819) × 12 ÷ market price dated 2026-11-12; one-off specials excluded; identified recurring supplementals included). Compare peers below rather than treating any single figure as a buy or sell.

DividendVision analysis is generated from public SEC filing data and may not capture every change. Review the original filing for complete information.