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

Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) declared a monthly dividend on Friday, June 5th. Investors of record on Wednesday, July 15th will be paid a dividend of 0.0697 per share by the investment management company on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 7.3%. The ex-dividend date of this dividend is Wednesday, July 15th.

Blackrock Resources & Commodities Strategy Trust Trading Up 0.1%

Shares of BCX opened at $11.39 on Monday. The stock has a 50 day simple moving average of $11.79 and a 200 day simple moving average of $12.05. Blackrock Resources & Commodities Strategy Trust has a 52-week low of $9.40 and a 52-week high of $13.86.

Institutional Investors Weigh In On Blackrock Resources & Commodities Strategy Trust

Several large investors have recently made changes to their positions in the stock. Lazard Asset Management LLC lifted its position in Blackrock Resources & Commodities Strategy Trust by 42.5% in the 3rd quarter. Lazard Asset Management LLC now owns 2,480,945 shares of the investment management company’s stock valued at $25,231,000 after acquiring an additional 740,443 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in Blackrock Resources & Commodities Strategy Trust by 15,635.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 236,038 shares of the investment management company’s stock worth $2,592,000 after purchasing an additional 234,538 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of Blackrock Resources & Commodities Strategy Trust by 49.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 597,695 shares of the investment management company’s stock valued at $5,648,000 after purchasing an additional 198,458 shares during the period. Allspring Global Investments Holdings LLC raised its stake in shares of Blackrock Resources & Commodities Strategy Trust by 25.5% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 954,111 shares of the investment management company’s stock valued at $10,476,000 after purchasing an additional 193,587 shares during the period. Finally, City of London Investment Management Co. Ltd. lifted its holdings in shares of Blackrock Resources & Commodities Strategy Trust by 59.8% in the third quarter. City of London Investment Management Co. Ltd. now owns 371,895 shares of the investment management company’s stock valued at $3,782,000 after purchasing an additional 139,234 shares in the last quarter.

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.