BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) Announces $0.12 Monthly Dividend

BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) announced a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Stockholders of record on Wednesday, May 15th will be paid a dividend of 0.121 per share by the real estate investment trust on Friday, May 31st. This represents a $1.45 dividend on an annualized basis and a dividend yield of 6.66%. The ex-dividend date of this dividend is Tuesday, May 14th.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Stock Up 0.6 %

BlackRock Utilities, Infrastructure & Power Opportunities Trust stock traded up $0.12 during midday trading on Friday, reaching $21.79. 39,230 shares of the company traded hands, compared to its average volume of 61,618. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a 12 month low of $18.73 and a 12 month high of $23.50. The business has a 50 day moving average of $21.10 and a two-hundred day moving average of $20.84.

About BlackRock Utilities, Infrastructure & Power Opportunities Trust

BlackRock Utility, Infrastructure & Power Opportunities Trust is a closed ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the utilities and infrastructure sectors.