BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) Declares Monthly Dividend of $0.16

BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) announced a monthly dividend on Friday, February 27th. Shareholders of record on Monday, June 15th will be paid 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 BlackRock Science and Technology Term Trust stock opened at $30.80 on Friday. The firm’s 50-day simple moving average is $27.09 and its 200-day simple moving average 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.