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

BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUIGet Rating) announced a monthly dividend on Friday, June 3rd, Wall Street Journal reports. Stockholders of record on Wednesday, June 15th will be given a dividend of 0.121 per share by the real estate investment trust on Thursday, June 30th. This represents a $1.45 annualized dividend and a dividend yield of 6.43%. The ex-dividend date is Tuesday, June 14th.

Shares of NYSE:BUI traded down $0.09 on Friday, hitting $22.58. The company had a trading volume of 42,604 shares, compared to its average volume of 63,359. The firm’s 50-day simple moving average is $23.24 and its two-hundred day simple moving average is $24.44. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a 1 year low of $20.79 and a 1 year high of $27.79.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Stifel Financial Corp lifted its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 16.5% during the 4th quarter. Stifel Financial Corp now owns 9,301 shares of the real estate investment trust’s stock valued at $248,000 after acquiring an additional 1,317 shares during the period. NewEdge Advisors LLC purchased a new position in BlackRock Utilities, Infrastructure & Power Opportunities Trust during the 1st quarter valued at about $273,000. LPL Financial LLC lifted its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 37.9% during the 3rd quarter. LPL Financial LLC now owns 18,597 shares of the real estate investment trust’s stock valued at $467,000 after acquiring an additional 5,114 shares during the period. Bank of Montreal Can lifted its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 10.3% during the 1st quarter. Bank of Montreal Can now owns 19,347 shares of the real estate investment trust’s stock valued at $483,000 after acquiring an additional 1,800 shares during the period. Finally, UBS Group AG lifted its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 2.1% during the 3rd quarter. UBS Group AG now owns 84,178 shares of the real estate investment trust’s stock valued at $2,115,000 after acquiring an additional 1,750 shares during the period.

About BlackRock Utilities, Infrastructure & Power Opportunities Trust (Get Rating)

BlackRock Utility, Infrastructure & Power Opportunities Trust is a closed ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the utilities and infrastructure sectors.

Further Reading

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

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