BlackRock Science and Technology Term Trust (BSTZ) to Issue Monthly Dividend of $0.16 on June 30th

BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) declared a monthly dividend on Friday, February 27th. Stockholders of record on Monday, June 15th will be given a dividend of 0.1625 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date is Monday, June 15th.

BlackRock Science and Technology Term Trust Trading Up 1.6%

Shares of NASDAQ BSTZ traded up $0.50 during trading on Friday, reaching $30.80. 114,187 shares of the stock were exchanged, compared to its average volume of 233,168. The business’s 50-day moving average price is $27.09 and its 200 day moving average price is $24.09. BlackRock Science and Technology Term Trust has a twelve month low of $19.23 and a twelve month high of $31.58.

BlackRock Science and Technology Term Trust Company Profile

BlackRock Science and Technology Term Trust (NASDAQ: BSTZ) is a closed-end management investment company that provides targeted exposure to companies engaged in the science and technology sectors. Listed on the NASDAQ stock exchange, the trust seeks to deliver total return composed of capital appreciation and monthly distributions over a defined term. It operates as a term trust, with an anticipated liquidation date in August 2028, at which point shareholders will receive proceeds based on the trust’s net asset value.

The trust’s investment strategy is centered on equity and equity-related securities of companies involved in advancing scientific research, technological innovation and related applications.