BlackRock Energy and Resources Trust (NYSE:BGR) Plans $0.10 Monthly Dividend

BlackRock Energy and Resources Trust (NYSE:BGR) announced a monthly dividend on Monday, March 3rd, NASDAQ Dividends reports. Shareholders of record on Friday, March 14th will be paid a dividend of 0.0973 per share on Monday, March 31st. This represents a $1.17 dividend on an annualized basis and a yield of 8.95%. The ex-dividend date is Friday, March 14th.

BlackRock Energy and Resources Trust has increased its dividend by an average of 20.3% per year over the last three years.

BlackRock Energy and Resources Trust Stock Down 1.2 %

Shares of NYSE:BGR traded down $0.16 during midday trading on Tuesday, reaching $13.05. The company’s stock had a trading volume of 105,118 shares, compared to its average volume of 86,455. BlackRock Energy and Resources Trust has a fifty-two week low of $12.10 and a fifty-two week high of $13.94. The firm has a 50 day moving average price of $13.24 and a two-hundred day moving average price of $13.15.

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.