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

BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE:BTX) announced a monthly dividend on Friday, June 5th. Stockholders of record on Friday, August 14th will be paid a dividend of 0.0525 per share on Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 7.3%. The ex-dividend date of this dividend is Friday, August 14th.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst Price Performance

BTX stock opened at $8.59 on Wednesday. The stock has a market capitalization of $505.02 million, a P/E ratio of -3.78 and a beta of 4.61. The business has a 50-day moving average of $8.63 and a 200-day moving average of $7.72. BlackRock Tchnlgy nd Prvt Eqty Trm Trst has a fifty-two week low of $6.13 and a fifty-two week high of $9.44.

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.