Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) Declares Dividend Increase – $0.05 Per Share

Blackrock Resources & Commodities Strategy Trust (NYSE:BCX) announced a monthly dividend on Thursday, August 1st, Zacks reports. Stockholders of record on Thursday, August 15th will be paid a dividend of 0.052 per share by the investment management company on Friday, August 30th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 6.90%. The ex-dividend date is Thursday, August 15th. This is a boost from Blackrock Resources & Commodities Strategy Trust’s previous monthly dividend of $0.05.

Blackrock Resources & Commodities Strategy Trust Trading Down 2.6 %

Shares of BCX stock traded down $0.24 during mid-day trading on Friday, reaching $9.04. 156,525 shares of the company’s stock traded hands, compared to its average volume of 274,458. Blackrock Resources & Commodities Strategy Trust has a 12 month low of $8.25 and a 12 month high of $9.74. The firm has a 50 day moving average price of $9.22 and a two-hundred day moving average price of $9.01.

About Blackrock Resources & Commodities Strategy Trust

Blackrock Resources & Commodities Strategy Trust is a closed-ended equity mutual fund launched by BlackRock, Inc It is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the commodities or natural resources sectors.