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

BlackRock Health Sciences Term Trust (NYSE:BMEZ) announced a monthly dividend on Thursday, September 10th. Shareholders of record on Friday, November 13th will be given a dividend of 0.11 per share on Monday, November 30th. This represents a c) dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date of this dividend is Friday, November 13th.

BlackRock Health Sciences Term Trust Stock Down 1.2%

NYSE BMEZ opened at $16.54 on Friday. The firm’s fifty day moving average price is $16.05 and its two-hundred day moving average price is $14.99. BlackRock Health Sciences Term Trust has a fifty-two week low of $13.70 and a fifty-two week high of $17.25.

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.