BlackRock Resources and Commodities (NYSE:BCX) announced a monthly dividend on Thursday, August 1st, NASDAQ reports. Investors of record on Thursday, August 15th will be paid a dividend of 0.052 per share by the investment management company on Friday, August 30th. This represents a $0.62 dividend on an annualized basis and a yield of 8.33%. The ex-dividend date is Wednesday, August 14th.
BlackRock Resources and Commodities has decreased its dividend by an average of 8.5% per year over the last three years.
Shares of NYSE:BCX opened at $7.49 on Tuesday. The stock’s fifty day simple moving average is $7.92. BlackRock Resources and Commodities has a 1-year low of $6.65 and a 1-year high of $9.19.
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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