BlackRock Health Sciences Term Trust (BMEZ) to Issue Monthly Dividend of $0.11 on September 30th

BlackRock Health Sciences Term Trust (NYSE:BMEZ) declared a monthly dividend on Friday, June 5th. Investors of record on Tuesday, September 15th will be paid a dividend of 0.11 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 8.0%. The ex-dividend date of this dividend is Tuesday, September 15th.

BlackRock Health Sciences Term Trust Price Performance

Shares of NYSE:BMEZ opened at $16.47 on Friday. BlackRock Health Sciences Term Trust has a 52 week low of $13.70 and a 52 week high of $17.25. The company’s 50 day moving average is $16.07 and its two-hundred day moving average is $15.00.

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.