BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) Declares Monthly Dividend of $0.15

BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) announced a monthly dividend on Thursday, September 10th. Investors of record on Friday, November 13th will be paid a dividend of 0.154 per share by the real estate investment trust on Monday, November 30th. This represents a c) dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date is Friday, November 13th.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Price Performance

Shares of NYSE:BUI opened at $26.55 on Friday. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a 12-month low of $24.85 and a 12-month high of $30.80. The business has a 50-day moving average price of $27.38 and a 200 day moving average price of $27.59.

Hedge Funds Weigh In On BlackRock Utilities, Infrastructure & Power Opportunities Trust

Hedge funds have recently made changes to their positions in the stock. Royal Bank of Canada boosted its position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 5.6% during the 1st quarter. Royal Bank of Canada now owns 75,422 shares of the real estate investment trust’s stock worth $1,706,000 after purchasing an additional 3,980 shares during the period. NewEdge Advisors LLC raised its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 6.4% in the first quarter. NewEdge Advisors LLC now owns 13,953 shares of the real estate investment trust’s stock valued at $316,000 after purchasing an additional 844 shares during the period. Invesco Ltd. lifted its stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 1.0% during the second quarter. Invesco Ltd. now owns 224,021 shares of the real estate investment trust’s stock worth $5,769,000 after purchasing an additional 2,292 shares in the last quarter. Raymond James Financial Inc. lifted its stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 4.7% during the second quarter. Raymond James Financial Inc. now owns 331,097 shares of the real estate investment trust’s stock worth $8,526,000 after purchasing an additional 14,828 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 7.0% during the second quarter. Ameriprise Financial Inc. now owns 493,863 shares of the real estate investment trust’s stock worth $12,717,000 after buying an additional 32,270 shares during the period.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Company Profile

BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI) is a closed-end management investment company that seeks to provide investors with a diversified portfolio of global utilities, infrastructure and power-related securities. Managed by BlackRock Advisors, the trust taps into BlackRock’s expansive research platform to identify companies involved in the generation, transmission and distribution of essential services such as electricity, water, transportation and renewable energy.

The trust’s primary objective is total return, emphasizing both current income and capital appreciation.