BlackRock Utilities, Infrastructure & Power Opportunities Trust (BUI) To Go Ex-Dividend on December 11th

BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) announced a monthly dividend on Thursday, September 10th. Stockholders of record on Friday, December 11th will be paid a dividend of 0.154 per share by the real estate investment trust on Tuesday, December 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date is Friday, December 11th.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Stock Down 0.2%

BlackRock Utilities, Infrastructure & Power Opportunities Trust stock opened at $26.50 on Friday. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a 1-year low of $24.85 and a 1-year high of $30.80. The company has a fifty day simple moving average of $27.34 and a 200 day simple moving average of $27.58.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC bought a new position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust in the second quarter valued at $27,000. IFP Advisors Inc bought a new position in BlackRock Utilities, Infrastructure & Power Opportunities Trust during the fourth quarter worth about $40,000. Cullen Frost Bankers Inc. bought a new stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust in the fourth quarter valued at approximately $43,000. Sunbelt Securities Inc. acquired a new stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust in the first quarter valued at approximately $53,000. Finally, Harbour Investments Inc. raised its stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 268.0% in the 4th quarter. Harbour Investments Inc. now owns 2,580 shares of the real estate investment trust’s stock valued at $66,000 after acquiring an additional 1,879 shares during the period.

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.