BlackRock Global Energy & Resources Trus (NYSE:BGR) to Issue $0.08 Monthly Dividend

Source: rivertonroll.com

BlackRock Global Energy & Resources Trus (NYSE:BGR) announced a monthly dividend on Monday, July 1st, NASDAQ reports. Shareholders of record on Monday, July 15th will be given a dividend of 0.078 per share on Wednesday, July 31st. This represents a $0.94 dividend on an annualized basis and a yield of 7.87%. The ex-dividend date of this dividend is Friday, July 12th.

BlackRock Global Energy & Resources Trus has decreased its dividend by an average of 14.6% annually over the last three years.

Shares of BGR stock traded up $0.17 during trading hours on Wednesday, hitting $11.90. 12,508 shares of the company were exchanged, compared to its average volume of 119,040. BlackRock Global Energy & Resources Trus has a fifty-two week low of $9.87 and a fifty-two week high of $15.77. The company’s 50 day simple moving average is $11.51.

BlackRock Global Energy & Resources Trus Company Profile

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.