Headlines about BlackRock Resources and Commodities (NYSE:BCX) have been trending somewhat positive on Monday, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. BlackRock Resources and Commodities earned a news impact score of 0.06 on Accern’s scale. Accern also gave news articles about the investment management company an impact score of 46.2445948274567 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
BlackRock Resources and Commodities (BCX) traded up 0.67% during mid-day trading on Monday, reaching $8.97. 160,633 shares of the company’s stock were exchanged. The stock has a 50-day moving average of $8.82 and a 200-day moving average of $8.48. BlackRock Resources and Commodities has a one year low of $7.63 and a one year high of $9.03.
The firm also recently announced a monthly dividend, which will be paid on Tuesday, October 31st. Stockholders of record on Monday, October 16th will be paid a dividend of $0.0516 per share. The ex-dividend date is Friday, October 13th. This represents a $0.62 annualized dividend and a dividend yield of 6.95%.
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About BlackRock Resources and Commodities
BlackRock Resources & Commodities Strategy Trust is a non-diversified, closed-end management investment company. The Trust’s primary investment objective is to seek high current income and current gains, with a secondary objective of capital appreciation. It will seek to achieve its investment objectives, under normal market conditions, by investing at least 80% of its total assets in equity securities issued by commodity or natural resources companies, derivatives with exposure to commodity or natural resources companies or investments in securities and derivatives linked to the underlying price movement of commodities or natural resources.