BlackRock Resources and Commodities (NYSE:BCX) announced a monthly dividend on Thursday, August 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, August 15th will be given a dividend of 0.0516 per share by the investment management company on Thursday, August 31st. This represents a $0.62 dividend on an annualized basis and a yield of 7.45%. The ex-dividend date of this dividend is Friday, August 11th.
BlackRock Resources and Commodities has decreased its dividend by an average of 19.4% annually over the last three years.
BlackRock Resources and Commodities (BCX) traded down 0.93% during trading on Friday, reaching $8.31. The company had a trading volume of 333,804 shares. BlackRock Resources and Commodities has a 52 week low of $7.63 and a 52 week high of $8.99. The company’s 50-day moving average is $8.33 and its 200 day moving average is $8.46.
BlackRock Resources and Commodities Company Profile
BlackRock Resources & Commodities Strategy Trust is a non-diversified, closed-end management investment company. The Trust’s primary investment objective is to seek high current income and current gains, with a secondary objective of capital appreciation. It will seek to achieve its investment objectives, under normal market conditions, by investing at least 80% of its total assets in equity securities issued by commodity or natural resources companies, derivatives with exposure to commodity or natural resources companies or investments in securities and derivatives linked to the underlying price movement of commodities or natural resources.
Receive News & Ratings for BlackRock Resources and Commodities Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Resources and Commodities and related companies with MarketBeat.com's FREE daily email newsletter.