BlackRock Tchnlgy nd Prvt Eqty Trm Trst to Issue Monthly Dividend of $0.05 (NYSE:BTX)

by · The Markets Daily

BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE:BTX – Get Free Report) announced a monthly dividend on Friday, June 5th. Investors of record on Tuesday, September 15th will be given a dividend of 0.0525 per share on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 7.1%. The ex-dividend date is Tuesday, September 15th.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst Price Performance

NYSE:BTX opened at $8.84 on Friday. BlackRock Tchnlgy nd Prvt Eqty Trm Trst has a one year low of $6.13 and a one year high of $9.44. The company has a market cap of $520.26 million, a PE ratio of -3.90 and a beta of 4.61. The firm’s 50 day simple moving average is $8.61 and its 200 day simple moving average is $8.09.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE: BTX) is a closed-end, term investment trust listed on the New York Stock Exchange. The vehicle is structured to provide investors with exposure to technology-focused companies and private equity investments through a managed portfolio of equity securities and related instruments. As a term trust, BTX operates with a defined life and an eventual liquidation or conversion mechanism determined by the fund’s governing documents and shareholder votes.

The trust’s stated investment focus centers on companies operating in the technology sector and on private equity interests that complement its public market holdings.

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