BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE:BTX) Declares $0.05 Monthly Dividend

BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE:BTX) declared a monthly dividend on Thursday, September 10th. Shareholders of record on Friday, December 11th will be given a dividend of 0.0525 per share on Tuesday, December 22nd. This represents a c) dividend on an annualized basis and a yield of 7.2%. The ex-dividend date is Friday, December 11th.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst Stock Performance

BlackRock Tchnlgy nd Prvt Eqty Trm Trst stock opened at $8.80 on Friday. BlackRock Tchnlgy nd Prvt Eqty Trm Trst has a fifty-two week low of $6.13 and a fifty-two week high of $9.44. The stock has a market cap of $517.96 million, a price-to-earnings ratio of -3.88 and a beta of 4.61. The stock’s 50 day simple moving average is $8.61 and its two-hundred day simple moving average is $8.08.

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.