BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI – Get Free Report) declared a monthly dividend on Friday, June 5th. Shareholders of record on Tuesday, September 15th will be paid a dividend of 0.154 per share by the real estate investment trust on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 7.0%. The ex-dividend date of this dividend is Tuesday, September 15th.
BlackRock Utilities, Infrastructure & Power Opportunities Trust Stock Down 0.2%
Shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust stock opened at $26.50 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 stock has a fifty day moving average price of $27.34 and a 200-day moving average price of $27.58.
Institutional Trading of BlackRock Utilities, Infrastructure & Power Opportunities Trust
Large investors have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC purchased a new position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust during the 2nd quarter valued at $27,000. IFP Advisors Inc purchased a new stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust in the 4th quarter worth about $40,000. Cullen Frost Bankers Inc. bought a new stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust in the 4th quarter valued at about $43,000. Sunbelt Securities Inc. bought a new stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust in the 1st quarter valued at about $53,000. Finally, Harbour Investments Inc. lifted its holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 268.0% during the fourth quarter. Harbour Investments Inc. now owns 2,580 shares of the real estate investment trust’s stock valued at $66,000 after purchasing an additional 1,879 shares during 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.
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