Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) Raises Dividend to $0.05 Per Share

Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) declared a monthly dividend on Thursday, August 1st, Zacks reports. Investors of record on Thursday, August 15th will be paid a dividend of 0.052 per share by the investment management company on Friday, August 30th. This represents a $0.62 annualized dividend and a yield of 6.90%. The ex-dividend date is Thursday, August 15th. This is a boost from Blackrock Resources & Commodities Strategy Trust’s previous monthly dividend of $0.05.

Blackrock Resources & Commodities Strategy Trust Price Performance

NYSE:BCX traded down $0.24 during mid-day trading on Friday, hitting $9.04. 156,525 shares of the stock traded hands, compared to its average volume of 274,458. The business’s 50-day moving average price is $9.22 and its 200 day moving average price is $9.01. Blackrock Resources & Commodities Strategy Trust has a 12-month low of $8.25 and a 12-month high of $9.74.

About Blackrock Resources & Commodities Strategy Trust

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.