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

BlackRock Energy and Resources Trust (NYSE:BGR) announced a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Shareholders of record on Friday, March 14th will be given a dividend of 0.0973 per share on Monday, March 31st. This represents a $1.17 annualized dividend and a yield of 8.95%. The ex-dividend date of this dividend is Friday, March 14th.

BlackRock Energy and Resources Trust has raised its dividend payment by an average of 20.3% per year over the last three years.

BlackRock Energy and Resources Trust Price Performance

NYSE BGR traded down $0.16 on Tuesday, hitting $13.05. 105,118 shares of the company were exchanged, compared to its average volume of 86,455. The company’s 50 day moving average price is $13.24 and its 200-day moving average price is $13.15. BlackRock Energy and Resources Trust has a twelve month low of $12.10 and a twelve month high of $13.94.

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.