BlackRock Energy and Resources Trust
BGRFinancial Services · Stock · monthly payer
Forward Yield
6.77%
Annual Dividend
$1.17
Payout Ratio
31%
5-Yr Growth
14.0%
Ex-Date
Oct 15, 2026
Frequency
Monthly
Summary
As of September 2026, BlackRock Energy and Resources Trust (BGR) yields 6.77% ($1.17 per share annually), with a blended fair-value estimate of $27.56 — +57% upside, so it screens as undervalued. Dividend safety grade: C (61/100). 4 years of dividend growth.
Is BGR a good dividend stock?
Yes, with caveatsBlackRock Energy and Resources Trust (BGR) pays a monthly dividend yielding 6.77% ($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
- Comfortable payout ratio (31%)
- Strong 14.0% 5-yr dividend growth
- 72% total price return over 5 years
Risks
- Cut its dividend in 2021
Key Data
- Dividend Yield
- 6.77%
- Payout Ratio
- 31%
- Annual Dividend
- $1.17
- 5-Yr Avg Growth
- 14.0%
- Ex-Dividend Date
- Oct 15, 2026
- Years of Growth
- 4
- Frequency
- monthly
- Beta
- —
- Market Cap
- $434.0M
- P/E Ratio
- 4.6
- 5-Yr Total Return
- 72%
- 52-Week Range
- $12.92 – $17.92
- Dividend Safety
- C · 61/100
- Ever Cut?
- Yes (2021)
Frequently Asked Questions
BGR Price — Last 12 Months
Daily close
Price Return
1 Year
+32%
3 Years
+39%
5 Years
+72%
52-Week Range
$12.92 – $17.92
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is BGR worth?
Undervaluedmedium confidenceOur blended fair-value estimate for BlackRock Energy and Resources Trust is $27.56 per share, versus a market price of $17.59. That implies 57% of upside — a margin of safety of about 36%.
Fair Value
$27.56
Current Price
$17.59
Upside
+57%
Margin of Safety
36%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
At today's price, the market is pricing in about 3.9% annual free-cash-flow growth. We model 15.6% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.3% discount rate (CAPM), 15.6% stage-1 growth, 2.5% terminal growth, $3.71 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 |
|---|---|---|---|
| Sep 15, 2026 | — | $0.0970 | regular |
| 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 |
Income Calculator
At $1.17 / yr per share
Similar Dividend Stocks
Compare BGR
Explore more
Lists and tools related to BGR
- Monthly dividend stocks →
- Undervalued dividend stocks →
- Financial Services dividend stocks →
- Dividend calendar →
- Dividend income calculator →
- DRIP calculator →
- Latest dividend cuts →
- Dividend cuts this month (research note) →
- Dividend increases this month (research note) →
- Safety score track record →
- Dividend screener →