BlackRock Enhanced Equity Dividend Trust (BDJ)
The BlackRock Enhanced Equity Dividend Trust, a closed-end investment vehicle headquartered in the United States, was established on August 31, 2005. Originally known as BlackRock Enhanced Dividend Achievers TM Trust, this fund was initiated by BlackRock, Inc. and is actively managed by BlackRock Advisors, LLC. Its core objective is to invest in the U.S. public equity markets, concentrating on dividend-paying stocks from companies across diverse sectors and market capitalizations. Furthermore, the trust incorporates derivatives into its strategy, with a significant focus on option writing. Its investment returns are benchmarked against the Russell 1000 Value Index.
Industry: Asset Management
BlackRock Enhanced Equity Dividend Trust
NYSE:BDJFinancial Services · Asset Management
-0.73%$9.50
AH Close$9.50+0.00%vs close
AH Close$9.50+0.00%vs close
Mkt Cap$1.68B
Float176.91M
O/S176.94M
Inst Own17.6%
SI0.1%
Div Yield9.01%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$196.94M
Net Income$277.42M
Total Assets$1.75B
Free Cash Flow-$6.86M
Debt & Equity
Debt 0%
Equity 100%
Total Debt$2.15M
Total Equity$1.72B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in BDJ's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$1.75B
Liabilities$26.78M
Accounts Receivable$2.04M
Accounts Payable$773K
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-10-31 | 2012-10-31 |
| Revenue | $196.94M | $46.81M | $151.49M | -$71.18M | $327.48M | $74.33M | $386.59M | -$123.17M | $246.97M | $48.07M | $76.95M | $53.41M | $46.21M | $37.45M |
| YoY Growth | 320.8% | -69.1% | -312.8% | -121.7% | 340.6% | -80.8% | -413.9% | -149.9% | 413.7% | -37.5% | 44.1% | 15.6% | 23.4% | - |
| Cost of Revenue | $13.75M | $0 | $1K | $14.59M | $16M | $13.48M | $15.09M | $15.13M | $15M | $13.61M | $13.84M | $0 | $0 | $0 |
| Gross Profit | $183.18M | $46.81M | $151.49M | -$85.76M | $311.48M | $60.85M | $371.51M | -$138.31M | $231.97M | $34.47M | $63.11M | $53.41M | $46.21M | $37.45M |
| Gross Margin | 93.0% | 100.0% | 100.0% | 120.5% | 95.1% | 81.9% | 96.1% | 112.3% | 93.9% | 71.7% | 82.0% | 100.0% | 100.0% | 100.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $882K | $14.84M | $722K | $522K | $833K | $864K | $1.06M | $733K | $932K | $13.96M | $14.28M | $14.28M | $13.4M | $11.41M |
| Other | -$95.39M | $0 | $794K | $996K | $1.33M | $12.97M | $1.22M | $1.22M | $1.6M | $0 | -$60.78M | $0 | $0 | $0 |
| Total Operating Expenses | -$94.51M | $14.84M | $1.52M | $1.52M | $2.16M | $13.84M | $2.28M | $1.95M | $2.53M | $158.76M | $60.78M | $14.28M | $158.42M | $68.85M |
| Operating Income (EBIT) | $277.69M | $31.97M | $149.98M | -$72.69M | $325.32M | -$18.86M | $384.32M | -$125.12M | $244.44M | $204.11M | $2.33M | $39.13M | $32.82M | $26.04M |
| Operating Margin | 141.0% | 68.3% | 99.0% | 102.1% | 99.3% | -25.4% | 99.4% | 101.6% | 99.0% | 424.6% | 3.0% | 73.3% | 71.0% | 69.5% |
| Interest Expense | $5K | $4K | $1K | $0 | $0 | $24K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $44.22M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$266K | $132.8M | $25K | -$143K | $9K | -$53K | $0 | $0 | $0 | -$62K | $8K | $123.55M | $171.82M | $80.26M |
| Income Before Tax (EBT) | $277.42M | $164.77M | $149.98M | -$72.69M | $325.32M | -$18.86M | $384.32M | -$125.12M | $244.44M | $204.04M | $2.34M | $162.68M | $204.64M | $106.3M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$161K | $0 | -$62K | $8K | $0 | $0 | $0 |
| Net Income | $277.42M | $164.77M | $149.98M | -$72.69M | $325.32M | -$18.86M | $384.32M | -$125.12M | $244.44M | $204.04M | $2.34M | $162.68M | $204.64M | $106.3M |
| Net Income Margin | 140.9% | 352.0% | 99.0% | 102.1% | 99.3% | -25.4% | 99.4% | 101.6% | 99.0% | 424.4% | 3.0% | 304.6% | 442.8% | 283.8% |
| Supplementary Data | ||||||||||||||
| EPS | 1.57 | 0.93 | 0.81 | -0.39 | 1.75 | -0.10 | 2.05 | -0.67 | 1.30 | 1.08 | 0.01 | 0.91 | 1.14 | 0.59 |
| Diluted EPS | 1.57 | 0.93 | 0.81 | -0.39 | 1.75 | -0.10 | 2.05 | -0.66 | 1.30 | 1.08 | 0.01 | 0.91 | 1.14 | 0.59 |
| Weighted Average OS | 176.94M | 176.94M | 185.15M | 186.42M | 186.00M | 186.00M | 187.54M | 187.54M | 187.54M | 188.98M | 188.98M | 178.72M | 179.48M | 179.48M |
| EBITDA | $277.43M | $31.97M | $149.95M | -$72.55M | $325.31M | -$18.86M | $384.38M | -$125.06M | $244.18M | $204.11M | $2.33M | $39.13M | $0 | $0 |
| EBITDA Margin | 140.9% | 68.3% | 99.0% | 101.9% | 99.3% | -25.4% | 99.4% | 101.5% | 98.9% | 424.6% | 3.0% | 73.3% | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-10-31 | 2012-10-31 |
| Assets | ||||||||||||||
| Current Assets | ||||||||||||||
| Cash and Cash Equivalents | $24K | $48K | $272K | $129K | $455K | $2K | $1K | $43K | $2K | $19K | $2K | $3K | $9K | $118K |
| Short-Term Investments | $42.18M | $46.6M | $0 | $0 | $0 | $12.02M | $0 | $0 | $4.97M | $3.63M | $13.77M | $0 | $0 | $0 |
| Cash and Short-Term Investments | $42.21M | $46.65M | $272K | $129K | $455K | $12.02M | $1K | $43K | $4.97M | $3.65M | $13.77M | $3K | $9K | $118K |
| Accounts Receivable | $2.04M | $2.01M | $2.15M | $7.13M | $3.31M | $2.4M | $2.1M | $2.81M | $2.41M | $3.15M | $5.97M | $3.24M | $8.55M | $13.1M |
| Inventory | $0 | $0 | -$14K | $0 | $0 | $0 | $0 | $47.38M | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | -$2.02M | $126K | $0 | $0 | -$14.5M | -$15K | $7K | $116K | -$6.8M | -$19.74M | $1.15M | $100K | $600K |
| Total Current Assets | $44.24M | $46.65M | $2.55M | $7.25M | $3.76M | $0 | $2.1M | $2.85M | $2.41M | $3.26M | $6.07M | $4.39M | $8.66M | $13.82M |
| Long-Term Assets | ||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $1.7B | $1.61B | $1.68B | $1.64B | $1.93B | $1.78B | $1.91B | $1.65B | $1.89B | $1.77B | $1.64B | $1.76B | $1.65B | $1.5B |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $213K | $0 | $96K | $0 | $0 | $0 | $0 | -$1.65B | -$1.89B | $40K | $13.81M | $46K | $31K | -$1.5B |
| Total Long-Term Assets | $1.71B | $1.61B | $1.68B | $1.64B | $1.93B | $1.78B | $1.91B | $1.65B | $1.89B | $1.77B | $1.65B | $1.76B | $1.65B | $1.5B |
| Other Assets | $0 | -$44.37M | $0 | $0 | $140K | $1.78B | $14K | $7K | $73K | $0 | $0 | $0 | $0 | $30K |
| Total Assets | $1.75B | $1.61B | $1.68B | $1.65B | $1.94B | $1.78B | $1.91B | $1.65B | $1.9B | $1.77B | $1.66B | $1.77B | $1.66B | $1.52B |
| Liabilities | ||||||||||||||
| Current Liabilities | ||||||||||||||
| Accounts Payable | $773K | $3.45M | $0 | $0 | $3.87M | $346K | $1.37M | $1.54M | $904K | $0 | $0 | $78K | $38.69M | $2.1M |
| Short-Term Debt | $2.15M | $34K | $0 | $0 | $0 | $66K | $554K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $280K | $818K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | -$3.56M | $10.48M | $34.21M | $14.55M | $0 | -$2.64M | -$4.96M | -$3.81M | -$3.17M | $32.26M | $14.9M | $20.28M | $22.3M | $23.4M |
| Total Current Liabilities | $2.15M | $16.19M | $38.88M | $16.91M | $3.87M | $346K | $1.37M | $1.54M | $904K | $32.26M | $17.25M | $20.36M | $60.99M | $25.5M |
| Long-Term Liabilities | ||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $24.64M | $12.73M | $38.88M | $0 | $28.54M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $24.64M | $12.73M | $38.88M | $16.91M | $28.54M | $66K | $554K | $12.83M | $26.92M | $32.26M | $17.25M | $0 | $0 | $0 |
| Other Liabilities | $0 | $10.49M | -$38.88M | -$16.91M | $24.68M | $40.04M | $29.56M | -$1.54M | -$904K | -$32.26M | -$17.25M | $0 | $0 | $0 |
| Total Liabilities | $26.78M | $16.19M | $38.88M | $16.91M | $32.41M | $40.04M | $31.48M | $12.83M | $26.92M | $32.26M | $17.25M | $20.36M | $60.99M | $25.5M |
| Stockholders' Equity | ||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $1.23B | $1.23B | $1.31B | $1.31B | $1.31B | $1.31B | $1.32B | $1.32B | $1.32B | $1.33B | $1.47B | $1.57B | $1.6B | $1.63B |
| Retained Earnings | $496.65M | $370.27M | $330.73M | $316.73M | $593.57M | $429.85M | $561.05M | $317.61M | -$970K | -$842K | -$721K | $173.68M | -$3.61M | -$143.52M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $191.73M | $548.8M | $409.59M | $175.34M | $0 | $0 | $0 |
| Other Stockholders' Equity | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $548.8M | $409.59M | $175.34M | $0 | $0 | $0 |
| Total Equity | $1.72B | $1.6B | $1.64B | $1.63B | $1.9B | $1.74B | $1.88B | $1.64B | $1.87B | $1.74B | $1.64B | $1.75B | $1.59B | $1.49B |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $1.75B | $1.61B | $1.68B | $1.65B | $1.94B | $1.78B | $1.91B | $1.65B | $1.9B | $1.77B | $1.66B | $1.77B | $1.66B | $1.52B |
| Supplementary Data | ||||||||||||||
| Total Debt | $2.15M | $34K | $0 | $0 | $0 | $66K | $554K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | $2.12M | -$48K | -$272K | -$129K | -$455K | $65K | $553K | -$43K | -$2K | -$19K | -$2K | -$3K | -$9K | -$118K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-10-31 | 2012-10-31 |
| Operating Activities | ||||||||||||||
| Net Income | $277.42M | $164.77M | $149.98M | -$72.69M | $325.32M | -$18.86M | $384.32M | -$125.12M | $244.44M | $204.04M | $2.34M | $162.68M | $204.64M | $106.3M |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||
| Accounts Receivable | $53K | $141K | $543K | -$480K | $187K | -$304K | $40K | $43K | $899K | $20K | $145K | -$8.62M | $343K | $966K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $91K | -$53K | $23K | -$504K | $225K | -$1.3M | $1.57M | -$235K | $202K | $230K | -$54K | $0 | $0 | $0 |
| Other Working Capital | $437K | -$89K | -$975K | $629K | $352K | $47K | $13K | -$14K | $18K | $84K | -$99K | -$870K | -$5.03M | $0 |
| Total Working Capital Change | $580K | $52K | -$410K | -$355K | $539K | -$1.56M | $1.62M | -$206K | $1.12M | $334K | -$7K | -$9.49M | -$4.69M | $966K |
| Other Non-Cash Items | -$284.86M | $44.72M | -$11.41M | $117.06M | -$165.18M | $145.62M | -$246.7M | $230.46M | -$127.91M | -$208.12M | $32.85M | -$47.03M | -$99.55M | -$2.47M |
| Net Cash from Operating | -$6.86M | $209.54M | $138.16M | $44.01M | $160.67M | $125.21M | $139.24M | $105.13M | $117.65M | -$3.49M | $35.27M | $106.15M | $100.4M | $103.83M |
| Investing Activities | ||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$1.07B | -$1.12B | -$738.97M | -$1.59B | -$751.08M | -$782.42M | -$718.83M | -$617.13M | -$756.43M | -$542.09M | -$429.79M | $0 | $0 | $0 |
| Sales of Investments | $919.6M | $843.74M | $698.11M | $1.42B | $991.1M | $924.26M | $837.69M | $729.99M | $893.6M | $641.39M | $490.69M | $0 | $0 | $0 |
| Other Investing Activities | $301.93M | $271.63M | $81.71M | $343.48M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $150.97M | $271.63M | $40.86M | $171.74M | $240.03M | $141.84M | $118.86M | $112.86M | $137.17M | $99.3M | $60.9M | $0 | $0 | $0 |
| Financing Activities | ||||||||||||||
| Debt Repaid | - | - | - | - | $66K | $488K | -$554K | - | - | - | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | -$84.53M | -$2.74M | $0 | $0 | -$11.35M | $0 | $0 | -$12.27M | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$150.66M | -$125.24M | -$135.28M | -$202.44M | -$160.01M | -$113.37M | -$139.83M | -$105.1M | -$105.39M | -$105.93M | -$105.95M | -$124.26M | -$100.51M | -$103.72M |
| Other Financing Activities | $0 | $292K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $16.87M | $0 | $1K |
| Net Cash from Financing | -$148.55M | -$209.76M | -$138.02M | -$202.44M | -$160.08M | -$125.21M | -$139.28M | -$105.1M | -$117.66M | -$105.93M | -$105.95M | -$107.39M | -$100.51M | -$103.72M |
| Forex Effect | $4.42M | -$18 | -$2 | -$13.64M | -$47 | $85 | $7 | -$92 | $12 | -$92 | $112 | $336 | $10 | $0 |
| Net Change in Cash | -$24K | -$225K | $144K | -$328K | $596K | $549 | -$44K | $27K | -$16K | $17K | -$208K | $201K | -$109K | $112K |
| Supplementary Data | ||||||||||||||
| Operating Cash Flow | -$6.86M | $209.54M | $138.16M | $201.97M | $160.67M | $125.21M | $139.24M | $105.13M | $117.65M | -$3.49M | $35.27M | $106.15M | $100.4M | $103.83M |
| Capital Expenditure | $0 | $0 | $0 | $5 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | -$6.86M | $209.54M | $138.16M | $201.97M | $160.67M | $125.21M | $139.24M | $105.13M | $117.65M | -$3.49M | $35.27M | $106.15M | $100.4M | $103.83M |
| Cash at Beginning | $48K | $273K | $130K | $598K | $2K | $1K | $45K | $18K | $19K | $2K | $210K | $9K | $118K | $6K |
| Cash at End | $24K | $48K | $273K | $130K | $598K | $2K | $1K | $45K | $2K | $19K | $2K | $210K | $9K | $118K |