Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) Plans Monthly Dividend of $0.05

Blackrock Resources & Commodities Strategy Trust (NYSE:BCXGet Free Report) declared a monthly dividend on Thursday, February 1st, Zacks reports. Stockholders of record on Thursday, February 15th will be given a dividend of 0.052 per share by the investment management company on Thursday, February 29th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 7.38%. The ex-dividend date of this dividend is Wednesday, February 14th. This is a positive change from Blackrock Resources & Commodities Strategy Trust’s previous monthly dividend of $0.05.

Blackrock Resources & Commodities Strategy Trust has increased its dividend payment by an average of 5.7% per year over the last three years.

Blackrock Resources & Commodities Strategy Trust Trading Down 0.7 %

BCX opened at $8.45 on Monday. Blackrock Resources & Commodities Strategy Trust has a one year low of $8.32 and a one year high of $10.40. The business’s 50-day simple moving average is $8.74 and its 200-day simple moving average is $8.99.

Institutional Trading of Blackrock Resources & Commodities Strategy Trust

Large investors have recently made changes to their positions in the company. Geneos Wealth Management Inc. boosted its position in shares of Blackrock Resources & Commodities Strategy Trust by 64.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 4,256 shares of the investment management company’s stock valued at $46,000 after purchasing an additional 1,665 shares during the period. Samalin Investment Counsel LLC acquired a new stake in shares of Blackrock Resources & Commodities Strategy Trust in the 1st quarter valued at about $33,000. Atria Wealth Solutions Inc. acquired a new stake in shares of Blackrock Resources & Commodities Strategy Trust in the 1st quarter valued at about $943,000. UBS Group AG boosted its position in shares of Blackrock Resources & Commodities Strategy Trust by 12.0% in the 1st quarter. UBS Group AG now owns 148,553 shares of the investment management company’s stock valued at $1,640,000 after purchasing an additional 15,967 shares during the period. Finally, Lazard Asset Management LLC boosted its position in shares of Blackrock Resources & Commodities Strategy Trust by 11.3% in the 1st quarter. Lazard Asset Management LLC now owns 2,528,844 shares of the investment management company’s stock valued at $27,918,000 after purchasing an additional 256,075 shares during the period.

Blackrock Resources & Commodities Strategy Trust Company Profile

(Get Free Report)

Blackrock Resources & Commodities Strategy Trust is a closed-ended equity mutual fund launched by BlackRock, Inc It is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the commodities or natural resources sectors.

See Also

Dividend History for Blackrock Resources & Commodities Strategy Trust (NYSE:BCX)

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