BlackRock Tchnlgy nd Prvt Eqty Trm Trst (BTX) to Distribute Monthly Dividend of $0.05 on August 31st

BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE:BTX) declared a monthly dividend on Friday, June 5th. Shareholders of record on Friday, August 14th will be paid a dividend of 0.0525 per share on Monday, August 31st. This represents a c) annualized dividend and a yield of 7.3%. The ex-dividend date is Friday, August 14th.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst Stock Up 0.1%

BTX stock opened at $8.59 on Wednesday. The stock has a market capitalization of $505.02 million, a price-to-earnings ratio of -3.78 and a beta of 4.61. BlackRock Tchnlgy nd Prvt Eqty Trm Trst has a 52-week low of $6.13 and a 52-week high of $9.44. The stock’s fifty day simple moving average is $8.63 and its 200-day simple moving average is $7.72.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE: BTX) is a closed-end, term investment trust listed on the New York Stock Exchange. The vehicle is structured to provide investors with exposure to technology-focused companies and private equity investments through a managed portfolio of equity securities and related instruments. As a term trust, BTX operates with a defined life and an eventual liquidation or conversion mechanism determined by the fund’s governing documents and shareholder votes.

The trust’s stated investment focus centers on companies operating in the technology sector and on private equity interests that complement its public market holdings.