BlackRock Resources and Commodities to Issue Monthly Dividend of $0.05 (NYSE:BCX)
BlackRock Resources and Commodities (NYSE:BCX) declared a monthly dividend on Tuesday, October 1st, Zacks reports. Stockholders of record on Tuesday, October 15th will be given a dividend of 0.052 per share by the investment management company on Thursday, October 31st. This represents a $0.62 annualized dividend and a dividend yield of 8.56%. The ex-dividend date is Friday, October 11th.
BlackRock Resources and Commodities has decreased its dividend payment by an average of 8.5% annually over the last three years.
NYSE BCX opened at $7.29 on Thursday. BlackRock Resources and Commodities has a one year low of $6.65 and a one year high of $8.85. The firm has a 50 day simple moving average of $7.51 and a 200-day simple moving average of $7.80.
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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