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

BlackRock Energy and Resources Trust (NYSE:BGR) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders of record on Wednesday, January 15th will be paid a dividend of 0.0973 per share on Friday, January 31st. This represents a $1.17 dividend on an annualized basis and a dividend yield of 9.00%. The ex-dividend date is Wednesday, January 15th.

BlackRock Energy and Resources Trust has raised its dividend payment by an average of 23.1% per year over the last three years.

BlackRock Energy and Resources Trust Stock Performance

Shares of BGR stock traded up $0.20 during trading hours on Friday, hitting $12.97. The company had a trading volume of 63,950 shares, compared to its average volume of 77,175. The company’s fifty day moving average is $13.20 and its 200 day moving average is $13.05. BlackRock Energy and Resources Trust has a fifty-two week low of $11.86 and a fifty-two week high of $13.85.

About BlackRock Energy and Resources Trust

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.