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

BlackRock Science and Technology Term Trust (NASDAQ:BSTZGet Free Report) declared a monthly dividend on Friday, June 5th. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.1625 per share on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 6.3%. The ex-dividend date of this dividend is Tuesday, September 15th.

BlackRock Science and Technology Term Trust Price Performance

BSTZ opened at $31.02 on Friday. BlackRock Science and Technology Term Trust has a one year low of $20.69 and a one year high of $31.89. The stock’s fifty day moving average is $29.80 and its 200-day moving average is $27.37.

Institutional Investors Weigh In On BlackRock Science and Technology Term Trust

Hedge funds and other institutional investors have recently bought and sold shares of the business. US Bancorp DE boosted its position in shares of BlackRock Science and Technology Term Trust by 165.3% during the 3rd quarter. US Bancorp DE now owns 1,804 shares of the company’s stock valued at $40,000 after purchasing an additional 1,124 shares in the last quarter. Geneos Wealth Management Inc. acquired a new position in shares of BlackRock Science and Technology Term Trust in the 1st quarter worth approximately $40,000. Integrated Wealth Concepts LLC bought a new stake in shares of BlackRock Science and Technology Term Trust in the 2nd quarter worth approximately $73,000. Fifth Third Bancorp bought a new stake in shares of BlackRock Science and Technology Term Trust in the 1st quarter worth approximately $57,000. Finally, Kestra Advisory Services LLC acquired a new stake in BlackRock Science and Technology Term Trust during the fourth quarter valued at approximately $68,000.

About BlackRock Science and Technology Term Trust

(Get Free Report)

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.

See Also

Dividend History for BlackRock Science and Technology Term Trust (NASDAQ:BSTZ)

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