BlackRock Energy and Resources Trust (BGR) to Issue Monthly Dividend of $0.08 on October 31st

BlackRock Energy and Resources Trust (NYSE:BGR) announced a monthly dividend on Thursday, September 12th, NASDAQ reports. Investors of record on Tuesday, October 15th will be given a dividend of 0.0754 per share on Thursday, October 31st. This represents a $0.90 annualized dividend and a dividend yield of 6.84%. The ex-dividend date is Tuesday, October 15th.

BlackRock Energy and Resources Trust has increased its dividend payment by an average of 5.6% per year over the last three years.

BlackRock Energy and Resources Trust Trading Up 0.2 %

Shares of NYSE BGR traded up $0.02 during mid-day trading on Friday, hitting $13.23. 94,859 shares of the stock traded hands, compared to its average volume of 81,373. BlackRock Energy and Resources Trust has a twelve month low of $11.86 and a twelve month high of $13.68. The firm has a 50 day simple moving average of $12.91 and a two-hundred day simple moving average of $13.08.

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.