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

BlackRock Health Sciences Term Trust (NYSE:BMEZ) declared a monthly dividend on Friday, January 2nd. Stockholders of record on Friday, March 13th will be given a dividend of 0.11 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 9.1%. The ex-dividend date of this dividend is Friday, March 13th.

BlackRock Health Sciences Term Trust Price Performance

Shares of NYSE BMEZ traded down $0.13 during midday trading on Wednesday, hitting $14.48. 41,799 shares of the company’s stock were exchanged, compared to its average volume of 285,822. BlackRock Health Sciences Term Trust has a twelve month low of $12.58 and a twelve month high of $15.80. The firm’s fifty day simple moving average is $15.13 and its 200-day simple moving average is $14.93.

BlackRock Health Sciences Term Trust Company Profile

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.