News coverage about BlackRock Utility and Infrastructure (NYSE:BUI) has trended somewhat positive this week, according to Accern. Accern scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. BlackRock Utility and Infrastructure earned a coverage optimism score of 0.18 on Accern’s scale. Accern also gave headlines about the real estate investment trust an impact score of 46.759277548367 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Shares of BlackRock Utility and Infrastructure (NYSE BUI) traded down 0.024% during mid-day trading on Tuesday, hitting $21.045. 6,834 shares of the company were exchanged. The company has a 50 day moving average of $21.23 and a 200 day moving average of $20.84. BlackRock Utility and Infrastructure has a 52 week low of $17.24 and a 52 week high of $21.72.
The company also recently declared a monthly dividend, which will be paid on Tuesday, October 31st. Shareholders of record on Monday, October 16th will be given a $0.121 dividend. The ex-dividend date of this dividend is Friday, October 13th. This represents a $1.45 dividend on an annualized basis and a dividend yield of 6.90%.
BlackRock Utility and Infrastructure Company Profile
BlackRock Utility and Infrastructure Trust is a closed-end management investment company. The Trust’s investment objective is to provide total return through a combination of current income, current gains and long-term capital appreciation. It seeks to achieve its investment objective by investing primarily in equity securities issued by companies that are engaged in the Utilities and Infrastructure business segments in the world and by utilizing an option writing (selling) strategy in an effort to enhance current gains.
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