BlackRock Utilities, Infrastructure & Power Opportunities Trust Plans Monthly Dividend of $0.14 (NYSE:BUI)

BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Investors of record on Tuesday, April 15th will be paid a dividend of 0.136 per share by the real estate investment trust on Wednesday, April 30th. This represents a $1.63 annualized dividend and a dividend yield of 7.18%. The ex-dividend date is Tuesday, April 15th.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Price Performance

Shares of NYSE BUI traded down $0.02 during midday trading on Thursday, hitting $22.72. 61,917 shares of the company’s stock traded hands, compared to its average volume of 49,791. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a 1 year low of $20.11 and a 1 year high of $24.94. The firm has a fifty day moving average of $22.89 and a 200 day moving average of $23.31.

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.