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

BlackRock Energy and Resources Trust (NYSE:BGR) declared a monthly dividend on Friday, February 27th. Stockholders of record on Monday, June 15th will be paid a dividend of 0.0973 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 7.4%. The ex-dividend date of this dividend is Monday, June 15th.

BlackRock Energy and Resources Trust Stock Performance

Shares of NYSE BGR traded down $0.03 during midday trading on Friday, hitting $15.81. 168,483 shares of the company’s stock were exchanged, compared to its average volume of 151,409. BlackRock Energy and Resources Trust has a 12 month low of $12.92 and a 12 month high of $17.70. The company’s 50 day moving average price is $16.18 and its 200 day moving average price is $15.30.

About BlackRock Energy and Resources Trust

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.