BlackRock Global Energy & Resources Trus (NYSE:BGR) announced a monthly dividend on Tuesday, September 3rd, NASDAQ reports. Shareholders of record on Monday, September 16th will be given a dividend of 0.078 per share on Monday, September 30th. This represents a $0.94 annualized dividend and a yield of 8.81%. The ex-dividend date of this dividend is Friday, September 13th.
BlackRock Global Energy & Resources Trus has decreased its dividend payment by an average of 14.6% annually over the last three years.
NYSE:BGR traded up $0.08 during mid-day trading on Thursday, hitting $10.63. 122,300 shares of the company traded hands, compared to its average volume of 119,006. The stock’s fifty day moving average price is $10.78 and its 200-day moving average price is $11.59. BlackRock Global Energy & Resources Trus has a one year low of $9.87 and a one year high of $14.89.
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.
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