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

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

Blackrock Resources & Commodities Strategy Trust has increased its dividend payment by an average of 5.7% annually over the last three years.

Blackrock Resources & Commodities Strategy Trust Price Performance

NYSE:BCX traded up $0.07 on Wednesday, reaching $9.35. The stock had a trading volume of 74,804 shares, compared to its average volume of 373,144. The stock has a fifty day moving average price of $8.64 and a 200-day moving average price of $8.78. Blackrock Resources & Commodities Strategy Trust has a 1-year low of $8.25 and a 1-year high of $9.90.

Institutional Trading of Blackrock Resources & Commodities Strategy Trust

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

Featured Articles

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

Receive News & Ratings for Blackrock Resources & Commodities Strategy Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackrock Resources & Commodities Strategy Trust and related companies with MarketBeat.com's FREE daily email newsletter.