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BlackRock Energy and Resources (LON:BERI) Trading 0.2% Higher - Here's Why

BlackRock Energy and Resources logo with Financial Services background

BlackRock Energy and Resources Inc (LON:BERI - Get Free Report)'s share price traded up 0.2% on Monday . The company traded as high as GBX 114 ($1.54) and last traded at GBX 113.25 ($1.53). 344,117 shares were traded during mid-day trading, an increase of 32% from the average session volume of 260,404 shares. The stock had previously closed at GBX 113 ($1.53).

BlackRock Energy and Resources Trading Up 0.7%

The company has a market capitalization of £135.21 million, a PE ratio of 5.99 and a beta of 0.98. The stock has a fifty day simple moving average of GBX 107.08 and a 200-day simple moving average of GBX 114.37.

BlackRock Energy and Resources Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, April 25th. Investors of record on Thursday, March 27th were paid a dividend of GBX 1.13 ($0.02) per share. This represents a yield of 0.95%. The ex-dividend date was Thursday, March 27th. BlackRock Energy and Resources's payout ratio is 26.28%.

About BlackRock Energy and Resources

(Get Free Report)

The Company aims to achieve an annual dividend target and, over the long term, capital growth by investing primarily in securities of companies operating in the mining and energy sectors.

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