BlackRock Energy and Resources Trust (BGR) to Issue Monthly Dividend of $0.10 on December 23rd

BlackRock Energy and Resources Trust (NYSE:BGR) announced a monthly dividend on Friday, November 22nd,NASDAQ Dividends reports. Shareholders of record on Monday, December 16th will be paid a dividend of 0.0973 per share on Monday, December 23rd. This represents a $1.17 dividend on an annualized basis and a yield of 8.83%. The ex-dividend date is Monday, December 16th.

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

BlackRock Energy and Resources Trust Price Performance

Shares of NYSE BGR traded down $0.06 during midday trading on Friday, reaching $13.23. The company’s stock had a trading volume of 81,963 shares, compared to its average volume of 83,086. The firm has a 50 day moving average price of $13.30 and a 200-day moving average price of $13.09. BlackRock Energy and Resources Trust has a 12-month low of $11.86 and a 12-month 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.