BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) to Issue Monthly Dividend of $0.12

BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) announced a monthly dividend on Friday, October 1st, Zacks reports. Shareholders of record on Friday, October 15th will be paid a dividend of 0.121 per share by the real estate investment trust on Friday, October 29th. This represents a $1.45 annualized dividend and a dividend yield of 5.87%. The ex-dividend date of this dividend is Thursday, October 14th.

Shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust stock opened at $24.75 on Wednesday. The firm has a fifty day moving average of $26.11 and a two-hundred day moving average of $26.03. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a 52 week low of $21.45 and a 52 week high of $27.30.

An institutional investor recently raised its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust stock. Wells Fargo & Company MN increased its stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) by 3.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 85,064 shares of the real estate investment trust’s stock after purchasing an additional 2,931 shares during the period. Wells Fargo & Company MN’s holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust were worth $2,190,000 as of its most recent filing with the Securities and Exchange Commission.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Company Profile

BlackRock Utilities, Infrastructure & Power Opportunities Trust is a non-diversified, closed-end management investment company. The company’s investment objective is to provide total return through a combination of current income, current gains and long-term capital appreciation. It invests primarily in equity securities issued by companies that are engaged in the Utilities and Infrastructure business segments.

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Dividend History for BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI)

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