BlackRock Energy and Resources Trust (NYSE:BGR) Declares Monthly Dividend of $0.08

BlackRock Energy and Resources Trust (NYSE:BGR) declared a monthly dividend on Thursday, September 12th, NASDAQ reports. Stockholders of record on Tuesday, October 15th will be given a dividend of 0.0754 per share on Thursday, October 31st. This represents a $0.90 dividend on an annualized basis and a dividend yield of 6.84%. The ex-dividend date is Tuesday, October 15th.

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

BlackRock Energy and Resources Trust Stock Performance

BlackRock Energy and Resources Trust stock traded up $0.02 during midday trading on Friday, reaching $13.23. 94,859 shares of the stock were exchanged, compared to its average volume of 81,373. The company’s fifty day moving average is $12.91 and its 200-day moving average is $13.08. BlackRock Energy and Resources Trust has a 52 week low of $11.86 and a 52 week high of $13.68.

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.