BlackRock Health Sciences Term Trust (BMEZ) to Issue Monthly Dividend of $0.11 on December 22nd

by · The Cerbat Gem

BlackRock Health Sciences Term Trust (NYSE:BMEZGet Free Report) declared a monthly dividend on Thursday, September 10th. Shareholders of record on Friday, December 11th will be paid a dividend of 0.11 per share on Tuesday, December 22nd. This represents a c) annualized dividend and a yield of 8.0%. The ex-dividend date is Friday, December 11th.

BlackRock Health Sciences Term Trust Price Performance

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

BlackRock Health Sciences Term Trust Company Profile

(Get Free Report)

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.

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