BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) Raises Dividend to $0.11 Per Share

BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) declared a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Investors of record on Wednesday, May 15th will be given a dividend of 0.1052 per share on Friday, May 31st. This represents a $1.26 dividend on an annualized basis and a yield of 7.07%. The ex-dividend date of this dividend is Tuesday, May 14th. This is a positive change from BlackRock Science and Technology Term Trust’s previous monthly dividend of $0.10.

BlackRock Science and Technology Term Trust has raised its dividend payment by an average of 13.5% per year over the last three years and has increased its dividend annually for the last 1 consecutive years.

BlackRock Science and Technology Term Trust Stock Performance

NASDAQ:BSTZ opened at $17.84 on Friday. BlackRock Science and Technology Term Trust has a 1 year low of $14.11 and a 1 year high of $19.47. The stock’s fifty day moving average price is $18.46 and its two-hundred day moving average price is $17.31.

BlackRock Science and Technology Term Trust Company Profile

BlackRock Science and Technology Term Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the science and technology sectors.