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

BlackRock Energy and Resources Trust (NYSE:BGR) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Wednesday, January 15th will be given a dividend of 0.0973 per share on Friday, January 31st. This represents a $1.17 annualized dividend and a dividend yield of 9.00%. The ex-dividend date is Wednesday, January 15th.

BlackRock Energy and Resources Trust has raised its dividend by an average of 23.1% per year over the last three years.

BlackRock Energy and Resources Trust Stock Up 1.6 %

Shares of BGR stock traded up $0.20 during trading on Friday, hitting $12.97. 63,950 shares of the stock traded hands, compared to its average volume of 77,175. The firm’s fifty day moving average price is $13.20 and its 200-day moving average price is $13.05. BlackRock Energy and Resources Trust has a 52-week low of $11.86 and a 52-week 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.