BlackRock Health Sciences Term Trust (NYSE:BMEZ) Plans $0.11 Monthly Dividend

BlackRock Health Sciences Term Trust (NYSE:BMEZ) announced a monthly dividend on Thursday, September 10th. Stockholders of record on Thursday, October 15th will be paid a dividend of 0.11 per share on Friday, October 30th. This represents a c) annualized dividend and a dividend yield of 8.0%. The ex-dividend date of this dividend is Thursday, October 15th.

BlackRock Health Sciences Term Trust Stock Performance

Shares of BlackRock Health Sciences Term Trust stock opened at $16.54 on Friday. BlackRock Health Sciences Term Trust has a 1-year low of $13.70 and a 1-year high of $17.25. The business has a 50-day moving average of $16.05 and a 200-day moving average of $14.99.

About BlackRock Health Sciences Term Trust

BlackRock Health Sciences Term Trust (NYSE: BMEZ) is a closed-end management investment company organized as a Delaware statutory trust. Launched in March 2020, BMEZ seeks to provide total return through a combination of current income and capital appreciation by investing primarily in equity and equity-related securities of companies in the health sciences sector. The trust is structured with a fixed termination date in October 2030, at which time shareholders will vote on its liquidation, extension or conversion.

The fund’s investment portfolio is diversified across subsectors within health sciences, including biotechnology, pharmaceuticals, medical devices, diagnostics and healthcare services.