BlackRock Energy and Resources Trust (BGR) to Issue Monthly Dividend of $0.08 on November 29th

BlackRock Energy and Resources Trust (NYSE:BGR) announced a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Investors 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 6.70%. The ex-dividend date of this dividend is Friday, November 15th.

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

BlackRock Energy and Resources Trust Price Performance

NYSE BGR remained flat at $13.50 during trading hours on Wednesday. 64,503 shares of the company’s stock were exchanged, compared to its average volume of 82,937. BlackRock Energy and Resources Trust has a 52 week low of $11.86 and a 52 week high of $13.68. The firm has a fifty day moving average price of $12.94 and a 200-day moving average price of $13.04.

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.