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

BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE:BUI) announced a monthly dividend on Friday, January 2nd. Investors of record on Friday, February 13th will be given a dividend of 0.136 per share by the real estate investment trust on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 5.7%. The ex-dividend date is Friday, February 13th.

BlackRock Utilities, Infrastructure & Power Opportunities Trust Stock Up 1.1%

Shares of BUI opened at $28.86 on Wednesday. BlackRock Utilities, Infrastructure & Power Opportunities Trust has a 12-month low of $20.27 and a 12-month high of $28.61. The business has a 50-day simple moving average of $26.47 and a two-hundred day simple moving average of $26.51.

Hedge Funds Weigh In On BlackRock Utilities, Infrastructure & Power Opportunities Trust

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. J.W. Cole Advisors Inc. lifted its holdings in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust by 11.6% during the fourth quarter. J.W. Cole Advisors Inc. now owns 14,483 shares of the real estate investment trust’s stock worth $372,000 after purchasing an additional 1,509 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 14.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 14,777 shares of the real estate investment trust’s stock worth $380,000 after purchasing an additional 1,825 shares during the last quarter. Cypress Capital Management LLC WY lifted its holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 0.9% during the 4th quarter. Cypress Capital Management LLC WY now owns 56,030 shares of the real estate investment trust’s stock worth $1,439,000 after buying an additional 505 shares during the period. Harbour Investments Inc. lifted its holdings in BlackRock Utilities, Infrastructure & Power Opportunities Trust by 268.0% during the 4th quarter. Harbour Investments Inc. now owns 2,580 shares of the real estate investment trust’s stock worth $66,000 after buying an additional 1,879 shares during the period. Finally, IFP Advisors Inc bought a new stake in shares of BlackRock Utilities, Infrastructure & Power Opportunities Trust in the 4th quarter valued at about $40,000.

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.