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

BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE:BTX) declared a monthly dividend on Friday, February 27th. Stockholders of record on Friday, May 15th will be paid a dividend of 0.0525 per share on Friday, May 29th. This represents a c) dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date of this dividend is Friday, May 15th.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst Stock Performance

BlackRock Tchnlgy nd Prvt Eqty Trm Trst stock traded up $0.10 during trading on Wednesday, reaching $8.39. 207,507 shares of the company’s stock were exchanged, compared to its average volume of 799,493. The company’s 50-day moving average is $7.06 and its two-hundred day moving average is $6.83. BlackRock Tchnlgy nd Prvt Eqty Trm Trst has a 52-week low of $6.13 and a 52-week high of $8.44. The firm has a market cap of $493.55 million, a price-to-earnings ratio of -3.69 and a beta of 4.61.

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.