BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) Plans Monthly Dividend of $0.16

BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) announced a monthly dividend on Friday, December 12th. Shareholders of record on Monday, December 22nd will be paid a dividend of 0.1625 per share on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 8.4%. The ex-dividend date is Monday, December 22nd.

BlackRock Science and Technology Term Trust Trading Up 2.9%

Shares of NASDAQ BSTZ opened at $23.27 on Friday. BlackRock Science and Technology Term Trust has a twelve month low of $15.22 and a twelve month high of $23.30. The business has a 50 day simple moving average of $22.16 and a 200-day simple moving average of $21.55.

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.