BlackRock Energy and Resources Trust (BGR) to Issue Monthly Dividend of $0.10 on May 29th

BlackRock Energy and Resources Trust (NYSE:BGR) declared a monthly dividend on Friday, February 27th. Shareholders of record on Friday, May 15th will be given a dividend of 0.0973 per share on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 7.2%. The ex-dividend date of this dividend is Friday, May 15th.

BlackRock Energy and Resources Trust Stock Performance

Shares of BGR stock opened at $16.30 on Wednesday. BlackRock Energy and Resources Trust has a 52 week low of $12.12 and a 52 week high of $17.70. The business has a 50 day moving average of $16.33 and a two-hundred day moving average of $14.89.

About BlackRock Energy and Resources Trust

BlackRock Energy and Resources Trust (NYSE: BGR) is a closed-end management investment company that seeks to provide a combination of current income and long-term capital appreciation. The trust focuses its investments primarily on equity and equity-related securities of companies engaged in the energy and natural resources sectors, including exploration, production, refining, distribution and related services.

The trust’s portfolio typically comprises common stocks, American Depositary Receipts (ADRs), master limited partnerships (MLPs) and other equity-linked instruments issued by firms operating in upstream and downstream energy markets, metals and mining, chemicals and related industries.