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

BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) announced a monthly dividend on Friday, December 12th. Stockholders of record on Monday, December 22nd will be given a dividend of 0.136 per share by the real estate investment trust on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date is Monday, December 22nd.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Stock Down 0.3%

NYSE:BUI opened at $27.14 on Friday. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a 52 week low of $20.27 and a 52 week high of $27.59. The firm’s 50-day simple moving average is $26.31 and its 200 day simple moving average is $26.21.

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

A number of large investors have recently added to or reduced their stakes in the stock. LPL Financial LLC lifted its position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 29.3% during the 1st quarter. LPL Financial LLC now owns 58,850 shares of the real estate investment trust’s stock valued at $1,332,000 after acquiring an additional 13,352 shares during the period. Raymond James Financial Inc. grew its stake in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 35.4% during the first quarter. Raymond James Financial Inc. now owns 316,269 shares of the real estate investment trust’s stock worth $7,157,000 after buying an additional 82,672 shares in the last quarter. Baird Financial Group Inc. increased its holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 36.1% in the 1st quarter. Baird Financial Group Inc. now owns 26,348 shares of the real estate investment trust’s stock valued at $596,000 after buying an additional 6,987 shares during the period. Royal Bank of Canada raised its position in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 5.6% in the 1st quarter. Royal Bank of Canada now owns 75,422 shares of the real estate investment trust’s stock valued at $1,706,000 after buying an additional 3,980 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its holdings in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 6.4% during the 1st quarter. NewEdge Advisors LLC now owns 13,953 shares of the real estate investment trust’s stock worth $316,000 after acquiring an additional 844 shares during the period.

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.