BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) to Issue $0.22 Monthly Dividend

BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) declared a monthly dividend on Monday, May 5th, Wall Street Journal reports. Stockholders of record on Thursday, May 15th will be paid a dividend of 0.2192 per share on Friday, May 30th. This represents a $2.63 dividend on an annualized basis and a dividend yield of 13.97%. The ex-dividend date is Thursday, May 15th.

BlackRock Science and Technology Term Trust Stock Up 3.7%

Shares of BlackRock Science and Technology Term Trust stock opened at $18.84 on Tuesday. BlackRock Science and Technology Term Trust has a 52 week low of $15.22 and a 52 week high of $22.28. The stock’s fifty day moving average is $17.85 and its two-hundred day moving average is $20.01.

Insider Activity

In other BlackRock Science and Technology Term Trust news, Portfolio Manager Tony Kim purchased 27,000 shares of the stock in a transaction on Thursday, March 13th. The shares were bought at an average cost of $18.57 per share, with a total value of $501,390.00. Following the completion of the acquisition, the portfolio manager now owns 193,533 shares in the company, valued at $3,593,907.81. This trade represents a 16.21% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website.

BlackRock Science and Technology Term Trust Company Profile

BlackRock Science and Technology Term Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the science and technology sectors.