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

BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) announced a monthly dividend on Thursday, September 10th. Shareholders of record on Thursday, October 15th will be given a dividend of 0.154 per share by the real estate investment trust on Friday, October 30th. This represents a c) annualized dividend and a dividend yield of 7.0%. The ex-dividend date of this dividend is Thursday, October 15th.

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

BUI stock opened at $26.55 on Friday. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a twelve month low of $24.85 and a twelve month high of $30.80. The stock has a 50-day simple moving average of $27.38 and a two-hundred day simple moving average of $27.59.

Institutional Trading of BlackRock Utilities, Infrastructure & Power Opportunities Trust

Institutional investors and hedge funds have recently made changes to their positions in the stock. Royal Bank of Canada raised its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 5.6% during the first quarter. Royal Bank of Canada now owns 75,422 shares of the real estate investment trust’s stock valued at $1,706,000 after purchasing an additional 3,980 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 6.4% in the 1st quarter. NewEdge Advisors LLC now owns 13,953 shares of the real estate investment trust’s stock worth $316,000 after acquiring an additional 844 shares during the last quarter. Invesco Ltd. grew its holdings in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 1.0% during the 2nd quarter. Invesco Ltd. now owns 224,021 shares of the real estate investment trust’s stock valued at $5,769,000 after purchasing an additional 2,292 shares during the last quarter. Raymond James Financial Inc. raised its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 4.7% in the 2nd 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 during the period. Finally, Ameriprise Financial Inc. boosted its position in 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 valued at $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.