BlackRock Energy and Resources Trust
BGRFinancial Services · Stock · monthly payer
Forward Yield
6.70%
Annual Dividend
$1.17
Payout Ratio
74%
5-Yr Growth
14.0%
Ex-Date
Sep 15, 2026
Frequency
Monthly
Summary
As of August 2026, BlackRock Energy and Resources Trust (BGR) yields 6.70% ($1.17 per share annually), with a blended fair-value estimate of $47.28 — +171% upside, so it screens as undervalued. Dividend safety grade: C (63/100). 4 years of dividend growth.
Is BGR a good dividend stock?
Yes, with caveatsBlackRock Energy and Resources Trust (BGR) pays a monthly dividend yielding 6.70% ($1.17/yr), with 4 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Strong 14.0% 5-yr dividend growth
- 84% total price return over 5 years
Risks
- Cut its dividend in 2021
Key Data
- Dividend Yield
- 6.70%
- Payout Ratio
- 74%
- Annual Dividend
- $1.17
- 5-Yr Avg Growth
- 14.0%
- Ex-Dividend Date
- Sep 15, 2026
- Years of Growth
- 4
- Frequency
- monthly
- Beta
- 0.37
- Market Cap
- $443.7M
- P/E Ratio
- 11.0
- 5-Yr Total Return
- 84%
- 52-Week Range
- —
- Dividend Safety
- C · 63/100
- Ever Cut?
- Yes (2021)
Frequently Asked Questions
BGR Price — Last 12 Months
Daily close
Price Return
1 Year
+28%
3 Years
+33%
5 Years
+84%
52-Week Range
—
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is BGR worth?
Undervaluedlow confidenceOur blended fair-value estimate for BlackRock Energy and Resources Trust is $47.28 per share, versus a market price of $17.43. That implies 171% of upside — a margin of safety of about 63%.
Fair Value
$47.28
Current Price
$17.43
Upside
+171%
Margin of Safety
63%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 7.0% discount rate (CAPM), 15.6% stage-1 growth, 2.5% terminal growth, $1.58 EPS, $1.17 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
BGR Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 14, 2026 | — | $0.0970 | regular |
| Jul 15, 2026 | — | $0.0970 | regular |
| Jun 15, 2026 | — | $0.0970 | regular |
| May 15, 2026 | — | $0.0970 | regular |
| Apr 15, 2026 | — | $0.0970 | regular |
| Mar 13, 2026 | — | $0.0970 | regular |
| Feb 13, 2026 | — | $0.0970 | regular |
| Jan 20, 2026 | — | $0.0970 | regular |
| Dec 22, 2025 | — | $0.0970 | regular |
| Nov 14, 2025 | — | $0.0970 | regular |
| Oct 15, 2025 | — | $0.0970 | regular |
| Sep 15, 2025 | — | $0.0970 | regular |
| Aug 15, 2025 | — | $0.0970 | regular |
| Jul 15, 2025 | — | $0.0970 | regular |
Income Calculator
At $1.17 / yr per share
