Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) Announces $0.07 Monthly Dividend

Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) announced a monthly dividend on Monday, November 3rd. Shareholders of record on Friday, November 14th will be paid a dividend of 0.0697 per share by the investment management company on Friday, November 28th. This represents a c) annualized dividend and a yield of 8.5%. The ex-dividend date is Friday, November 14th.

Blackrock Resources & Commodities Strategy Trust Price Performance

Blackrock Resources & Commodities Strategy Trust stock opened at $9.83 on Tuesday. Blackrock Resources & Commodities Strategy Trust has a 1-year low of $7.84 and a 1-year high of $10.50. The business has a fifty day moving average price of $10.03 and a 200-day moving average price of $9.63.

Institutional Investors Weigh In On Blackrock Resources & Commodities Strategy Trust

A number of large investors have recently bought and sold shares of BCX. Nations Financial Group Inc. IA ADV increased its holdings in Blackrock Resources & Commodities Strategy Trust by 1.9% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 59,721 shares of the investment management company’s stock worth $557,000 after buying an additional 1,100 shares during the period. Independent Wealth Network Inc. increased its stake in shares of Blackrock Resources & Commodities Strategy Trust by 3.5% in the second quarter. Independent Wealth Network Inc. now owns 32,781 shares of the investment management company’s stock worth $310,000 after acquiring an additional 1,111 shares during the period. RB Capital Management LLC raised its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 2.0% during the third quarter. RB Capital Management LLC now owns 62,291 shares of the investment management company’s stock worth $634,000 after purchasing an additional 1,246 shares during the last quarter. Samalin Investment Counsel LLC boosted its holdings in Blackrock Resources & Commodities Strategy Trust by 2.4% in the second quarter. Samalin Investment Counsel LLC now owns 72,393 shares of the investment management company’s stock valued at $684,000 after purchasing an additional 1,722 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its position in Blackrock Resources & Commodities Strategy Trust by 23.6% during the 2nd quarter. Geneos Wealth Management Inc. now owns 9,200 shares of the investment management company’s stock worth $87,000 after purchasing an additional 1,758 shares during the period.

Blackrock Resources & Commodities Strategy Trust Company Profile

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.