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

Blackrock Resources & Commodities Strategy Trust (NYSE:BCXGet Free Report) announced a monthly dividend on Monday, April 1st, Zacks reports. Stockholders of record on Monday, April 15th will be given a dividend of 0.052 per share by the investment management company on Tuesday, April 30th. This represents a $0.62 annualized dividend and a dividend yield of 6.67%. The ex-dividend date is Friday, April 12th.

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

Shares of BCX stock traded up $0.07 during mid-day trading on Wednesday, hitting $9.35. The stock had a trading volume of 74,804 shares, compared to its average volume of 373,144. Blackrock Resources & Commodities Strategy Trust has a 12-month low of $8.25 and a 12-month high of $9.90. The firm’s 50-day moving average is $8.64 and its two-hundred day moving average is $8.78.

Hedge Funds Weigh In On Blackrock Resources & Commodities Strategy Trust

Several institutional investors have recently bought and sold shares of BCX. Stephens Inc. AR grew its position in Blackrock Resources & Commodities Strategy Trust by 3.9% during the 2nd quarter. Stephens Inc. AR now owns 35,540 shares of the investment management company’s stock worth $322,000 after purchasing an additional 1,345 shares during the last quarter. D.A. Davidson & CO. grew its stake in Blackrock Resources & Commodities Strategy Trust by 7.9% during the 1st quarter. D.A. Davidson & CO. now owns 20,972 shares of the investment management company’s stock valued at $232,000 after purchasing an additional 1,530 shares during the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 64.3% during the first quarter. Geneos Wealth Management Inc. now owns 4,256 shares of the investment management company’s stock worth $46,000 after purchasing an additional 1,665 shares during the period. Moors & Cabot Inc. boosted its position in Blackrock Resources & Commodities Strategy Trust by 4.0% in the first quarter. Moors & Cabot Inc. now owns 47,081 shares of the investment management company’s stock valued at $520,000 after buying an additional 1,810 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC increased its holdings in Blackrock Resources & Commodities Strategy Trust by 1.5% in the 1st quarter. Steward Partners Investment Advisory LLC now owns 141,990 shares of the investment management company’s stock worth $1,355,000 after buying an additional 2,119 shares during the period.

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.

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

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