BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) Plans $0.16 Monthly Dividend

by · The Markets Daily

BlackRock Science and Technology Term Trust (NASDAQ:BSTZ – Get Free Report) announced a monthly dividend on Thursday, September 10th. Investors of record on Friday, November 13th will be given a dividend of 0.1625 per share on Monday, November 30th. This represents a c) dividend on an annualized basis and a yield of 6.3%. The ex-dividend date is Friday, November 13th.

BlackRock Science and Technology Term Trust Stock Down 2.3%

Shares of BSTZ stock opened at $30.76 on Friday. BlackRock Science and Technology Term Trust has a 52 week low of $20.69 and a 52 week high of $31.89. The firm’s 50-day simple moving average is $29.77 and its two-hundred day simple moving average is $27.34.

BlackRock Science and Technology Term Trust Company Profile

(Get Free Report)

BlackRock Science and Technology Term Trust (NASDAQ: BSTZ) is a closed-end management investment company that provides targeted exposure to companies engaged in the science and technology sectors. Listed on the NASDAQ stock exchange, the trust seeks to deliver total return composed of capital appreciation and monthly distributions over a defined term. It operates as a term trust, with an anticipated liquidation date in August 2028, at which point shareholders will receive proceeds based on the trust’s net asset value.

The trust’s investment strategy is centered on equity and equity-related securities of companies involved in advancing scientific research, technological innovation and related applications.

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