BlackRock Health Sciences Term Trust Plans Monthly Dividend of $0.17 (NYSE:BMEZ)

BlackRock Health Sciences Term Trust (NYSE:BMEZ) declared a monthly dividend on Thursday, July 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, July 15th will be given a dividend of 0.1672 per share on Thursday, July 31st. This represents a $2.01 dividend on an annualized basis and a dividend yield of 13.90%. The ex-dividend date of this dividend is Tuesday, July 15th.

BlackRock Health Sciences Term Trust Stock Down 0.9%

NYSE:BMEZ opened at $14.43 on Friday. BlackRock Health Sciences Term Trust has a fifty-two week low of $12.58 and a fifty-two week high of $16.75. The firm’s fifty day simple moving average is $14.44 and its 200-day simple moving average is $14.89.

Institutional Investors Weigh In On BlackRock Health Sciences Term Trust

An institutional investor recently bought a new position in BlackRock Health Sciences Term Trust stock. Geneos Wealth Management Inc. acquired a new stake in BlackRock Health Sciences Term Trust (NYSE:BMEZ) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,703 shares of the company’s stock, valued at approximately $40,000.

BlackRock Health Sciences Term Trust Company Profile

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.