BlackRock Science and Technology Term Trust (BSTZ) to Issue Monthly Dividend of $0.16 on May 29th

BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) declared a monthly dividend on Friday, February 27th. Stockholders of record on Friday, May 15th will be paid a dividend of 0.1625 per share on Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 7.0%. The ex-dividend date of this dividend is Friday, May 15th.

BlackRock Science and Technology Term Trust Stock Performance

Shares of BSTZ stock opened at $27.70 on Wednesday. The firm has a fifty day simple moving average of $23.67 and a 200-day simple moving average of $22.94. BlackRock Science and Technology Term Trust has a twelve month low of $18.67 and a twelve month high of $28.63.

About BlackRock Science and Technology Term Trust

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.