BlackRock Enhanced Government Fund, Inc. (NYSE:EGF) to Issue Monthly Dividend of $0.04

BlackRock Enhanced Government Fund, Inc. (NYSE:EGFGet Free Report) announced a monthly dividend on Wednesday, April 3rd, Wall Street Journal reports. Investors of record on Monday, April 15th will be given a dividend of 0.041 per share on Tuesday, April 30th. This represents a $0.49 dividend on an annualized basis and a yield of 5.24%. The ex-dividend date of this dividend is Friday, April 12th.

BlackRock Enhanced Government Fund Stock Performance

NYSE:EGF traded down $0.01 on Wednesday, reaching $9.39. The stock had a trading volume of 2,652 shares, compared to its average volume of 9,674. BlackRock Enhanced Government Fund has a 12-month low of $9.02 and a 12-month high of $10.47. The company has a 50-day moving average of $9.54 and a 200 day moving average of $9.60.

Institutional Trading of BlackRock Enhanced Government Fund

A number of institutional investors and hedge funds have recently modified their holdings of the business. Transform Wealth LLC grew its position in shares of BlackRock Enhanced Government Fund by 9.6% during the 4th quarter. Transform Wealth LLC now owns 13,675 shares of the company’s stock valued at $133,000 after buying an additional 1,200 shares during the last quarter. Morgan Stanley boosted its stake in BlackRock Enhanced Government Fund by 53.4% in the fourth quarter. Morgan Stanley now owns 5,744 shares of the company’s stock valued at $56,000 after acquiring an additional 2,000 shares during the period. Finally, Citadel Advisors LLC bought a new position in shares of BlackRock Enhanced Government Fund during the fourth quarter valued at approximately $465,000.

About BlackRock Enhanced Government Fund

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BlackRock Enhanced Government Fund, Inc is a closed-ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It primarily invests in a portfolio of United States government and government agency securities, including the U.S.

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Dividend History for BlackRock Enhanced Government Fund (NYSE:EGF)

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