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

BlackRock Energy and Resources Trust (NYSE:BGR) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders 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 dividend on an annualized basis and a yield of 9.00%. The ex-dividend date is Wednesday, January 15th.

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

BlackRock Energy and Resources Trust Stock Up 1.6 %

Shares of BGR traded up $0.20 during midday trading on Friday, reaching $12.97. The company had a trading volume of 63,950 shares, compared to its average volume of 77,175. BlackRock Energy and Resources Trust has a 1-year low of $11.86 and a 1-year high of $13.85. The firm has a 50 day simple moving average of $13.20 and a 200-day simple moving average of $13.05.

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.