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

BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) announced a monthly dividend on Friday, June 5th. Shareholders of record on Tuesday, September 15th will be given a dividend of 0.1625 per share on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date is Tuesday, September 15th.

BlackRock Science and Technology Term Trust Trading Up 0.8%

BSTZ stock opened at $31.02 on Friday. BlackRock Science and Technology Term Trust has a 1-year low of $20.69 and a 1-year high of $31.89. The firm has a fifty day moving average price of $29.80 and a two-hundred day moving average price of $27.37.

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.