Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) Declares Monthly Dividend of $0.07

Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) declared a monthly dividend on Friday, February 27th. Shareholders of record on Monday, June 15th will be paid a dividend of 0.0697 per share by the investment management company on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 7.1%. The ex-dividend date is Monday, June 15th.

Blackrock Resources & Commodities Strategy Trust Price Performance

NYSE:BCX opened at $11.86 on Friday. Blackrock Resources & Commodities Strategy Trust has a 12 month low of $9.22 and a 12 month high of $13.86. The company’s 50 day moving average is $12.15 and its 200-day moving average is $11.93.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. IFP Advisors Inc acquired a new position in Blackrock Resources & Commodities Strategy Trust during the 4th quarter worth $30,000. Advocate Investing Services LLC acquired a new stake in shares of Blackrock Resources & Commodities Strategy Trust in the fourth quarter valued at about $35,000. Harbour Investments Inc. acquired a new stake in shares of Blackrock Resources & Commodities Strategy Trust in the fourth quarter valued at about $43,000. Geneos Wealth Management Inc. increased its stake in shares of Blackrock Resources & Commodities Strategy Trust by 431.2% in the first quarter. Geneos Wealth Management Inc. now owns 7,442 shares of the investment management company’s stock worth $69,000 after purchasing an additional 6,041 shares during the period. Finally, Walleye Capital LLC bought a new position in shares of Blackrock Resources & Commodities Strategy Trust in the second quarter worth about $96,000.

About Blackrock Resources & Commodities Strategy Trust

BlackRock Resources & Commodities Strategy Trust (NYSE: BCX) is a closed-end management investment company focused on achieving total return through exposure to global commodities and natural resource sectors. Listed on the New York Stock Exchange, the trust offers investors a vehicle for diversified access to commodity markets, including energy, agriculture, metals and minerals, as well as related equities. By packaging multiple exposure strategies within a single portfolio, BCX seeks to deliver returns that are uncorrelated with traditional equity and fixed-income benchmarks.

The trust pursues its objectives through a combination of direct and indirect instruments.