BlackRock Resources and Commodities (BCX) to Issue Monthly Dividend of $0.05

BlackRock Resources and Commodities (NYSE:BCX) declared a monthly dividend on Wednesday, January 3rd, Wall Street Journal reports. Shareholders of record on Tuesday, January 16th will be given a dividend of 0.0516 per share by the investment management company on Wednesday, January 31st. This represents a $0.62 annualized dividend and a yield of 6.10%. The ex-dividend date is Friday, January 12th.

BlackRock Resources and Commodities has decreased its dividend payment by an average of 12.9% per year over the last three years.

BlackRock Resources and Commodities (NYSE BCX) opened at $10.15 on Thursday. BlackRock Resources and Commodities has a 1 year low of $7.76 and a 1 year high of $10.18.

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About BlackRock Resources and Commodities

BlackRock Resources & Commodities Strategy Trust is a non-diversified, closed-end management investment company. The Trust’s primary investment objective is to seek high current income and current gains, with a secondary objective of capital appreciation. It will seek to achieve its investment objectives, under normal market conditions, by investing at least 80% of its total assets in equity securities issued by commodity or natural resources companies, derivatives with exposure to commodity or natural resources companies or investments in securities and derivatives linked to the underlying price movement of commodities or natural resources.

Dividend History for BlackRock Resources and Commodities (NYSE:BCX)

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