Thursday, March 29, 2007

BlackRock Dividend Achievers Trust (BDV)

I added shares of BDV yesterday at 14.77 per share. I had a limit buy and it hit the mark yesterday only to rally back and end the day at 14.90. It pays .90 cents per share dividend which equals about 6 percent at todays price.
The top ten holding are as follows: 1. AT&T 2. Bank of America 3. Chevron 4. Citigroup 5. Altria 6. GE 7. Merck 8. Wells Fargo 9. Pfizer 10. Washington Mutual

BlackRock Dividend Achievers Trust operates as a diversified, closed-end management investment company. The trust invests in common stocks of automotive, basic materials, conglomerates, consumer products, energy, financial institutions, health care, industrials, real estate, technology, and telecommunications companies, as well as in money market funds. BlackRock Advisors, Inc. serves as the investment advisor for the trust. BlackRock Dividend Achievers Trust was founded in 2003 and is based in the Wilmington, Delaware.

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