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 Friday, January 2nd. Shareholders of record on Friday, March 13th will be given a dividend of 0.0973 per share on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 7.3%. The ex-dividend date of this dividend is Friday, March 13th.

BlackRock Energy and Resources Trust Stock Up 1.9%

Shares of NYSE:BGR traded up $0.30 on Wednesday, reaching $15.98. 27,901 shares of the company’s stock were exchanged, compared to its average volume of 174,087. BlackRock Energy and Resources Trust has a fifty-two week low of $11.08 and a fifty-two week high of $16.25. The business’s 50-day moving average is $14.87 and its two-hundred day moving average is $13.98.

BlackRock Energy and Resources Trust Company Profile

BlackRock Energy and Resources Trust (NYSE: BGR) is a closed-end management investment company that seeks to provide a combination of current income and long-term capital appreciation. The trust focuses its investments primarily on equity and equity-related securities of companies engaged in the energy and natural resources sectors, including exploration, production, refining, distribution and related services.

The trust’s portfolio typically comprises common stocks, American Depositary Receipts (ADRs), master limited partnerships (MLPs) and other equity-linked instruments issued by firms operating in upstream and downstream energy markets, metals and mining, chemicals and related industries.