BlackRock Resources and Commodities (NYSE:BCX) announced a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Stockholders of record on Monday, September 16th will be given a dividend of 0.052 per share by the investment management company on Monday, September 30th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 8.23%. The ex-dividend date is Friday, September 13th.
BlackRock Resources and Commodities has decreased its dividend payment by an average of 8.5% annually over the last three years.
Shares of NYSE BCX traded up $0.04 during midday trading on Thursday, reaching $7.58. The company’s stock had a trading volume of 94,093 shares, compared to its average volume of 255,747. BlackRock Resources and Commodities has a fifty-two week low of $6.65 and a fifty-two week high of $9.19. The business’s 50 day moving average price is $7.63 and its two-hundred day moving average price is $7.89.
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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