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

BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) announced a monthly dividend on Friday, January 2nd. Shareholders of record on Tuesday, January 20th will be paid a dividend of 0.1625 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 8.5%. The ex-dividend date of this dividend is Tuesday, January 20th.

BlackRock Science and Technology Term Trust Trading Down 0.5%

BlackRock Science and Technology Term Trust stock opened at $22.86 on Friday. BlackRock Science and Technology Term Trust has a 1 year low of $15.22 and a 1 year high of $23.47. The firm’s 50 day moving average price is $22.43 and its 200-day moving average price is $21.99.

About BlackRock Science and Technology Term Trust

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.