Blackrock Resources & Commodities Strategy Trust to Issue Monthly Dividend of $0.05 (NYSE:BCX)

Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) announced a monthly dividend on Wednesday, May 1st, Zacks reports. Investors of record on Wednesday, May 15th will be given a dividend of 0.052 per share by the investment management company on Friday, May 31st. This represents a $0.62 dividend on an annualized basis and a yield of 6.78%. The ex-dividend date is Tuesday, May 14th.

Blackrock Resources & Commodities Strategy Trust has increased its dividend payment by an average of 5.7% per year over the last three years.

Blackrock Resources & Commodities Strategy Trust Price Performance

Shares of BCX traded up $0.03 during mid-day trading on Friday, hitting $9.21. The company’s stock had a trading volume of 95,634 shares, compared to its average volume of 331,852. The company’s 50-day moving average is $8.97 and its 200-day moving average is $8.80. Blackrock Resources & Commodities Strategy Trust has a 52-week low of $8.25 and a 52-week high of $9.87.

About Blackrock Resources & Commodities Strategy Trust

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.