BlackRock Energy and Resources Trust Announces Monthly Dividend of $0.10 (NYSE:BGR)

BlackRock Energy and Resources Trust (NYSE:BGR) announced a monthly dividend on Friday, November 22nd,NASDAQ Dividends reports. Investors of record on Monday, December 16th will be given a dividend of 0.0973 per share on Monday, December 23rd. This represents a $1.17 annualized dividend and a dividend yield of 8.83%. The ex-dividend date is Monday, December 16th.

BlackRock Energy and Resources Trust has raised its dividend by an average of 5.6% annually over the last three years.

BlackRock Energy and Resources Trust Stock Performance

Shares of BGR traded down $0.06 during trading hours on Friday, hitting $13.23. 81,963 shares of the company were exchanged, compared to its average volume of 83,086. The firm’s 50 day moving average is $13.30 and its 200-day moving average is $13.09. BlackRock Energy and Resources Trust has a 52 week low of $11.86 and a 52 week high of $13.85.

BlackRock Energy and Resources Trust Company Profile

BlackRock Energy and Resources Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. It invests in public equity markets across the globe, with an emphasis on the United States. The fund seeks to invest in stocks of companies operating in the energy and natural resources sectors.