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

by · The Cerbat Gem

BlackRock Health Sciences Term Trust (NYSE:BMEZ – Get Free Report) announced a monthly dividend on Thursday, September 10th. Shareholders of record on Thursday, October 15th will be given a dividend of 0.11 per share on Friday, October 30th. This represents a c) dividend on an annualized basis and a yield of 8.0%. The ex-dividend date of this dividend is Thursday, October 15th.

BlackRock Health Sciences Term Trust Price Performance

Shares of NYSE:BMEZ opened at $16.54 on Friday. The firm has a fifty day moving average of $16.05 and a two-hundred day moving average of $14.99. BlackRock Health Sciences Term Trust has a 12-month low of $13.70 and a 12-month high of $17.25.

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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