BlackRock Utilities, Infrastructure & Power Opportunities Trust (BUI) to Issue Monthly Dividend of $0.14 on January 30th

BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) announced a monthly dividend on Friday, January 2nd. Stockholders of record on Tuesday, January 20th will be paid a dividend of 0.136 per share by the real estate investment trust on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date of this dividend is Tuesday, January 20th.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Price Performance

Shares of NYSE:BUI opened at $26.46 on Friday. The business’s 50 day simple moving average is $26.08 and its 200 day simple moving average is $26.36. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a 1 year low of $20.27 and a 1 year high of $27.59.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada increased its stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 5.6% in the 1st quarter. Royal Bank of Canada now owns 75,422 shares of the real estate investment trust’s stock valued at $1,706,000 after purchasing an additional 3,980 shares during the last quarter. NewEdge Advisors LLC boosted its stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 6.4% in the first quarter. NewEdge Advisors LLC now owns 13,953 shares of the real estate investment trust’s stock valued at $316,000 after buying an additional 844 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 8.5% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 50,157 shares of the real estate investment trust’s stock valued at $1,299,000 after acquiring an additional 3,947 shares during the last quarter. Farther Finance Advisors LLC raised its stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 4,742.8% during the second quarter. Farther Finance Advisors LLC now owns 23,536 shares of the real estate investment trust’s stock worth $606,000 after acquiring an additional 23,050 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 39.0% in the second quarter. Janney Montgomery Scott LLC now owns 16,388 shares of the real estate investment trust’s stock worth $422,000 after acquiring an additional 4,600 shares during the last quarter.

About BlackRock Utilities, Infrastructure & Power Opportunities Trust

BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI) is a closed-end management investment company that seeks to provide investors with a diversified portfolio of global utilities, infrastructure and power-related securities. Managed by BlackRock Advisors, the trust taps into BlackRock’s expansive research platform to identify companies involved in the generation, transmission and distribution of essential services such as electricity, water, transportation and renewable energy.

The trust’s primary objective is total return, emphasizing both current income and capital appreciation.