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

BlackRock Energy and Resources Trust (NYSE:BGR) announced a monthly dividend on Monday, February 3rd,NASDAQ Dividends reports. Investors of record on Friday, February 14th will be paid a dividend of 0.0973 per share on Friday, February 28th. This represents a $1.17 dividend on an annualized basis and a yield of 8.72%. The ex-dividend date is Friday, February 14th.

BlackRock Energy and Resources Trust has raised its dividend by an average of 24.6% per year over the last three years.

BlackRock Energy and Resources Trust Price Performance

BGR traded up $0.08 during midday trading on Tuesday, reaching $13.39. 161,283 shares of the company were exchanged, compared to its average volume of 92,563. BlackRock Energy and Resources Trust has a one year low of $11.88 and a one year high of $13.85. The stock’s 50-day simple moving average is $13.16 and its 200 day simple moving average is $13.08.

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.