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

by · The Cerbat Gem

BlackRock Energy and Resources Trust (NYSE:BGR – Get Free Report) announced a monthly dividend on Friday, June 5th. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.0973 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date is Tuesday, September 15th.

BlackRock Energy and Resources Trust Stock Performance

BGR stock opened at $17.61 on Friday. The stock’s 50 day moving average is $16.59 and its two-hundred day moving average is $16.19. BlackRock Energy and Resources Trust has a 52-week low of $12.92 and a 52-week high of $17.80.

About BlackRock Energy and Resources Trust

(Get Free Report)

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.

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