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

BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) announced a monthly dividend on Thursday, September 10th. Investors of record on Thursday, October 15th will be given a dividend of 0.1625 per share on Friday, October 30th. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend is Thursday, October 15th.

BlackRock Science and Technology Term Trust Stock Performance

BSTZ opened at $30.76 on Friday. The business has a fifty day simple moving average of $29.77 and a 200 day simple moving average of $27.34. BlackRock Science and Technology Term Trust has a 1 year low of $20.69 and a 1 year high of $31.89.

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.