Blackrock Resources & Commodities Strategy Trust (BCX) to Distribute Monthly Dividend of $0.07 on August 31st

Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) declared a monthly dividend on Friday, June 5th. Investors of record on Friday, August 14th will be given a dividend of 0.0697 per share by the investment management company on Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date is Friday, August 14th.

Blackrock Resources & Commodities Strategy Trust Stock Performance

Blackrock Resources & Commodities Strategy Trust stock opened at $12.71 on Wednesday. The firm’s 50-day simple moving average is $11.63 and its 200 day simple moving average is $12.12. Blackrock Resources & Commodities Strategy Trust has a fifty-two week low of $9.53 and a fifty-two week high of $13.86.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Allied Private Wealth LLC purchased a new stake in Blackrock Resources & Commodities Strategy Trust in the second quarter worth $28,000. IFP Advisors Inc bought a new stake in shares of Blackrock Resources & Commodities Strategy Trust during the 4th quarter valued at $30,000. Advocate Investing Services LLC bought a new stake in shares of Blackrock Resources & Commodities Strategy Trust during the 4th quarter valued at $35,000. Harbour Investments Inc. bought a new stake in shares of Blackrock Resources & Commodities Strategy Trust during the 4th quarter valued at $43,000. Finally, Geneos Wealth Management Inc. grew its position in shares of Blackrock Resources & Commodities Strategy Trust by 431.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 7,442 shares of the investment management company’s stock worth $69,000 after buying an additional 6,041 shares during the period.

Blackrock Resources & Commodities Strategy Trust Company Profile

BlackRock Resources & Commodities Strategy Trust (NYSE: BCX) is a closed-end management investment company focused on achieving total return through exposure to global commodities and natural resource sectors. Listed on the New York Stock Exchange, the trust offers investors a vehicle for diversified access to commodity markets, including energy, agriculture, metals and minerals, as well as related equities. By packaging multiple exposure strategies within a single portfolio, BCX seeks to deliver returns that are uncorrelated with traditional equity and fixed-income benchmarks.

The trust pursues its objectives through a combination of direct and indirect instruments.