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

BlackRock Energy and Resources Trust (NYSE:BGR) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Stockholders of record on Friday, February 14th will be paid a dividend of 0.0973 per share on Friday, February 28th. This represents a $1.17 annualized dividend and a dividend yield of 8.72%. The ex-dividend date is Friday, February 14th.

BlackRock Energy and Resources Trust has increased its dividend by an average of 24.6% annually over the last three years.

BlackRock Energy and Resources Trust Stock Performance

BlackRock Energy and Resources Trust stock traded up $0.08 during mid-day trading on Tuesday, hitting $13.39. The company’s stock had a trading volume of 161,283 shares, compared to its average volume of 92,563. The company has a 50 day moving average of $13.15 and a 200-day moving average of $13.08. BlackRock Energy and Resources Trust has a one year low of $11.88 and a one year 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.