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, April 3rd, Wall Street Journal reports. Investors of record on Tuesday, April 15th will be given a dividend of 0.0973 per share on Wednesday, April 30th. This represents a $1.17 annualized dividend and a yield of 9.00%. The ex-dividend date is Tuesday, April 15th.

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

BlackRock Energy and Resources Trust Trading Down 4.8 %

Shares of NYSE:BGR traded down $0.66 during trading on Thursday, reaching $12.98. The stock had a trading volume of 135,725 shares, compared to its average volume of 89,611. The stock has a fifty day simple moving average of $13.36 and a two-hundred day simple moving average of $13.21. BlackRock Energy and Resources Trust has a 52 week low of $12.10 and a 52 week high of $13.94.

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.