BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) Raises Dividend to $0.15 Per Share

BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) declared a monthly dividend on Friday, June 5th. Investors of record on Wednesday, July 15th will be paid a dividend of 0.154 per share by the real estate investment trust on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 6.5%. The ex-dividend date is Wednesday, July 15th. This is a 13.2% increase from BlackRock Utilities, Infrastructure & Power Opportunities Trust’s previous monthly dividend of $0.14.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Stock Performance

Shares of BUI stock opened at $28.25 on Monday. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a 12-month low of $24.85 and a 12-month high of $30.80. The firm’s 50 day moving average is $28.03 and its 200 day moving average is $27.52.

Institutional Trading of BlackRock Utilities, Infrastructure & Power Opportunities Trust

Large investors have recently modified their holdings of the company. PMG Family Office LLC purchased a new stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust during the third quarter valued at $878,000. LPL Financial LLC boosted its holdings in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 24.5% in the fourth quarter. LPL Financial LLC now owns 168,406 shares of the real estate investment trust’s stock worth $4,326,000 after buying an additional 33,130 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 7.0% during the second quarter. Ameriprise Financial Inc. now owns 493,863 shares of the real estate investment trust’s stock valued at $12,717,000 after buying an additional 32,270 shares during the last quarter. Wells Fargo & Company MN raised its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 20.9% in the fourth quarter. Wells Fargo & Company MN now owns 164,337 shares of the real estate investment trust’s stock worth $4,222,000 after acquiring an additional 28,382 shares during the period. Finally, OpenArc Corporate Advisory LLC bought a new stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust during the 4th quarter valued at $720,000.

About BlackRock Utilities, Infrastructure & Power Opportunities Trust

BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI) is a closed-end management investment company that seeks to provide investors with a diversified portfolio of global utilities, infrastructure and power-related securities. Managed by BlackRock Advisors, the trust taps into BlackRock’s expansive research platform to identify companies involved in the generation, transmission and distribution of essential services such as electricity, water, transportation and renewable energy.

The trust’s primary objective is total return, emphasizing both current income and capital appreciation.