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

BlackRock Energy and Resources Trust (NYSE:BGR) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Stockholders of record on Friday, November 15th will be paid a dividend of 0.0754 per share on Friday, November 29th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 6.69%. The ex-dividend date of this dividend is Friday, November 15th.

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

BlackRock Energy and Resources Trust Price Performance

Shares of BGR stock traded up $0.02 during trading hours on Wednesday, reaching $13.52. 62,484 shares of the company’s stock were exchanged, compared to its average volume of 82,928. BlackRock Energy and Resources Trust has a 1 year low of $11.86 and a 1 year high of $13.68. The stock’s fifty day moving average price is $12.94 and its two-hundred day moving average price is $13.04.

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.