Blackrock Resources & Commodities Strategy Trust (BCX) To Go Ex-Dividend on February 14th

Blackrock Resources & Commodities Strategy Trust (NYSE:BCXGet Free Report) announced a monthly dividend on Thursday, February 1st, Zacks reports. Stockholders of record on Thursday, February 15th will be paid a dividend of 0.052 per share by the investment management company on Thursday, February 29th. This represents a $0.62 annualized dividend and a dividend yield of 7.38%. The ex-dividend date 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 raised its dividend by an average of 5.7% per year over the last three years.

Blackrock Resources & Commodities Strategy Trust Price Performance

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

Hedge Funds Weigh In On Blackrock Resources & Commodities Strategy Trust

Several large investors have recently modified their holdings of the stock. UBS Group AG increased its position in shares of Blackrock Resources & Commodities Strategy Trust by 4.6% during the 4th quarter. UBS Group AG now owns 144,540 shares of the investment management company’s stock valued at $1,284,000 after purchasing an additional 6,335 shares during the last quarter. Janney Montgomery Scott LLC increased its position in shares of Blackrock Resources & Commodities Strategy Trust by 21.5% during the 4th quarter. Janney Montgomery Scott LLC now owns 33,847 shares of the investment management company’s stock valued at $301,000 after purchasing an additional 5,980 shares during the last quarter. Comerica Bank bought a new position in Blackrock Resources & Commodities Strategy Trust in the 3rd quarter valued at $136,000. Creative Planning bought a new position in Blackrock Resources & Commodities Strategy Trust in the 3rd quarter valued at $117,000. Finally, Ameriprise Financial Inc. grew its position in Blackrock Resources & Commodities Strategy Trust by 4.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,437,859 shares of the investment management company’s stock valued at $22,447,000 after acquiring an additional 107,368 shares during the last quarter.

About Blackrock Resources & Commodities Strategy Trust

(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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