Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) to Issue $0.07 Monthly Dividend

Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) declared a monthly dividend on Friday, February 27th. Investors of record on Friday, May 15th will be given a dividend of 0.0697 per share by the investment management company on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 6.7%. The ex-dividend date is Friday, May 15th.

Blackrock Resources & Commodities Strategy Trust Trading Down 0.3%

Shares of BCX opened at $12.48 on Wednesday. Blackrock Resources & Commodities Strategy Trust has a one year low of $9.11 and a one year high of $13.86. The company’s fifty day moving average price is $12.25 and its 200 day moving average price is $11.61.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Independent Financial Group LLC bought a new position in Blackrock Resources & Commodities Strategy Trust in the 1st quarter worth $270,000. 180 Wealth Advisors LLC raised its holdings in Blackrock Resources & Commodities Strategy Trust by 7.5% in the 1st quarter. 180 Wealth Advisors LLC now owns 1,080,074 shares of the investment management company’s stock worth $13,015,000 after acquiring an additional 74,976 shares during the period. Fifth Third Bancorp raised its holdings in Blackrock Resources & Commodities Strategy Trust by 2,267.4% in the 1st quarter. Fifth Third Bancorp now owns 23,674 shares of the investment management company’s stock worth $285,000 after acquiring an additional 22,674 shares during the period. Summit Securities Group LLC bought a new position in Blackrock Resources & Commodities Strategy Trust in the 1st quarter worth $119,000. Finally, Kestra Advisory Services LLC raised its holdings in Blackrock Resources & Commodities Strategy Trust by 1,149.5% in the 1st quarter. Kestra Advisory Services LLC now owns 143,666 shares of the investment management company’s stock worth $1,731,000 after acquiring an additional 132,168 shares during the period.

About Blackrock Resources & Commodities Strategy Trust

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.