BlackRock Health Sciences Term Trust (NYSE:BMEZ) to Issue $0.18 Dividend

BlackRock Health Sciences Term Trust (NYSE:BMEZ) announced a dividend on Thursday, January 2nd,NASDAQ Dividends reports. Investors of record on Wednesday, January 15th will be given a dividend of 0.1782 per share on Friday, January 31st. The ex-dividend date of this dividend is Wednesday, January 15th.

BlackRock Health Sciences Term Trust has increased its dividend by an average of 20.7% annually over the last three years.

BlackRock Health Sciences Term Trust Stock Up 3.6 %

NYSE:BMEZ opened at $15.00 on Friday. BlackRock Health Sciences Term Trust has a fifty-two week low of $14.27 and a fifty-two week high of $16.59. The firm’s 50 day moving average is $15.32 and its two-hundred day moving average is $15.56.

Insider Buying and Selling

In other BlackRock Health Sciences Term Trust news, major shareholder Saba Capital Management, L.P. purchased 29,795 shares of BlackRock Health Sciences Term Trust stock in a transaction on Wednesday, October 16th. The shares were purchased at an average cost of $15.81 per share, with a total value of $471,058.95. Following the completion of the transaction, the insider now directly owns 20,750,913 shares in the company, valued at approximately $328,071,934.53. This represents a 0.14 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

About BlackRock Health Sciences Term Trust

BlackRock Health Sciences Trust II’s (BMEZ) (the ‘Trust’) investment objective is to provide total return and income through a combination of current income, current gains and long-term capital appreciation. The Trust seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its total assets in equity securities of companies principally engaged in the health sciences group of industries and equity derivatives with exposure to the health sciences group of industries.