BlackRock Energy and Resources Trust (NYSE:BGR) Announces $0.08 Monthly Dividend

BlackRock Energy and Resources Trust (NYSE:BGR) declared a monthly dividend on Thursday, September 12th, NASDAQ reports. Shareholders 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 yield of 6.84%. The ex-dividend date is Tuesday, October 15th.

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

BlackRock Energy and Resources Trust Stock Performance

BGR traded up $0.02 on Friday, reaching $13.23. The company’s stock had a trading volume of 94,859 shares, compared to its average volume of 81,373. The stock has a 50 day moving average of $12.91 and a two-hundred day moving average of $13.08. BlackRock Energy and Resources Trust has a fifty-two week low of $11.86 and a fifty-two week high of $13.68.

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.