BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI – Get Free Report) declared a monthly dividend on Friday, February 27th. Investors of record on Monday, June 15th will be given a dividend of 0.136 per share by the real estate investment trust on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 5.7%. The ex-dividend date is Monday, June 15th.
BlackRock Utilities, Infrastructure & Power Opportunities Trust Stock Up 1.0%
BUI opened at $28.39 on Friday. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a 12 month low of $24.30 and a 12 month high of $30.80. The company has a 50 day moving average of $27.40 and a 200 day moving average of $27.19.
Hedge Funds Weigh In On BlackRock Utilities, Infrastructure & Power Opportunities Trust
Several hedge funds have recently made changes to their positions in the stock. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust during the 4th quarter valued at $25,000. Trust Co. of Vermont bought a new position in BlackRock Utilities, Infrastructure & Power Opportunities Trust in the 4th quarter worth about $26,000. IFP Advisors Inc bought a new position in BlackRock Utilities, Infrastructure & Power Opportunities Trust in the 4th quarter worth about $40,000. Creekmur Asset Management LLC grew its holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 133.5% during the 3rd quarter. Creekmur Asset Management LLC now owns 1,665 shares of the real estate investment trust’s stock valued at $44,000 after buying an additional 952 shares in the last quarter. Finally, Cullen Frost Bankers Inc. bought a new stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust during the fourth quarter valued at about $43,000.
About BlackRock Utilities, Infrastructure & Power Opportunities Trust
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.
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