BlackRock Utility and Infrastructure to Issue Monthly Dividend of $0.12 (BUI)

BlackRock Utility and Infrastructure (NYSE:BUI) declared a monthly dividend on Thursday, November 2nd, Wall Street Journal reports. Shareholders of record on Wednesday, November 15th will be given a dividend of 0.121 per share by the real estate investment trust on Thursday, November 30th. This represents a $1.45 dividend on an annualized basis and a yield of Infinity. The ex-dividend date of this dividend is Tuesday, November 14th.

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BlackRock Utility and Infrastructure Company Profile

BlackRock Utility and Infrastructure Trust is a closed-end management investment company. The Trust’s investment objective is to provide total return through a combination of current income, current gains and long-term capital appreciation. It seeks to achieve its investment objective by investing primarily in equity securities issued by companies that are engaged in the Utilities and Infrastructure business segments in the world and by utilizing an option writing (selling) strategy in an effort to enhance current gains.

Dividend History for BlackRock Utility and Infrastructure (NYSE:BUI)

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