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

BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) declared a monthly dividend on Thursday, September 10th. Stockholders of record on Friday, November 13th will be paid a dividend of 0.154 per share by the real estate investment trust on Monday, November 30th. This represents a c) annualized dividend and a dividend yield of 7.0%. The ex-dividend date of this dividend is Friday, November 13th.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Price Performance

Shares of NYSE:BUI opened at $26.55 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’s 50 day simple moving average is $27.38 and its 200 day simple moving average is $27.59.

Institutional Investors Weigh In On BlackRock Utilities, Infrastructure & Power Opportunities Trust

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Ameriprise Financial Inc. boosted its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 3.7% in the third quarter. Ameriprise Financial Inc. now owns 512,375 shares of the real estate investment trust’s stock valued at $13,409,000 after buying an additional 18,512 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 5.0% in the third quarter. Bank of America Corp DE now owns 466,273 shares of the real estate investment trust’s stock worth $12,202,000 after acquiring an additional 22,248 shares during the period. Raymond James Financial Inc. boosted its stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 1.3% in the 3rd quarter. Raymond James Financial Inc. now owns 335,365 shares of the real estate investment trust’s stock valued at $8,777,000 after purchasing an additional 4,268 shares during the last quarter. Invesco Ltd. grew its holdings in 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 worth $5,769,000 after acquiring an additional 2,292 shares during the period. Finally, LPL Financial LLC boosted its holdings in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 24.5% during the 4th quarter. LPL Financial LLC now owns 168,406 shares of the real estate investment trust’s stock worth $4,326,000 after buying an additional 33,130 shares in the last quarter.

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.