BlackRock Science and Technology Term Trust (BSTZ) To Go Ex-Dividend on June 15th

BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) announced a monthly dividend on Friday, February 27th. Shareholders of record on Monday, June 15th will be paid a dividend of 0.1625 per share on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend is Monday, June 15th.

BlackRock Science and Technology Term Trust Trading Up 1.6%

BSTZ stock traded up $0.50 during mid-day trading on Friday, hitting $30.80. 114,187 shares of the company were exchanged, compared to its average volume of 233,168. BlackRock Science and Technology Term Trust has a 1-year low of $19.23 and a 1-year high of $31.58. The business has a 50 day simple moving average of $27.09 and a 200-day simple moving average of $24.09.

BlackRock Science and Technology Term Trust Company Profile

BlackRock Science and Technology Term Trust (NASDAQ: BSTZ) is a closed-end management investment company that provides targeted exposure to companies engaged in the science and technology sectors. Listed on the NASDAQ stock exchange, the trust seeks to deliver total return composed of capital appreciation and monthly distributions over a defined term. It operates as a term trust, with an anticipated liquidation date in August 2028, at which point shareholders will receive proceeds based on the trust’s net asset value.

The trust’s investment strategy is centered on equity and equity-related securities of companies involved in advancing scientific research, technological innovation and related applications.