BlackRock Health Sciences Trust Announces Monthly Dividend of $0.26 (NYSE:BME)

BlackRock Health Sciences Trust (NYSE:BME) announced a monthly dividend on Friday, January 2nd. Stockholders of record on Friday, February 13th will be paid a dividend of 0.2621 per share on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 7.5%. The ex-dividend date is Friday, February 13th.

BlackRock Health Sciences Trust Trading Up 0.1%

NYSE:BME opened at $41.95 on Wednesday. The business’s 50-day moving average is $41.41 and its 200 day moving average is $38.97. BlackRock Health Sciences Trust has a 12 month low of $34.18 and a 12 month high of $46.00.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of BME. Northwestern Mutual Wealth Management Co. grew its holdings in shares of BlackRock Health Sciences Trust by 22.2% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 1,417 shares of the company’s stock valued at $53,000 after purchasing an additional 257 shares in the last quarter. AlphaStar Capital Management LLC raised its stake in BlackRock Health Sciences Trust by 2.2% during the fourth quarter. AlphaStar Capital Management LLC now owns 12,099 shares of the company’s stock valued at $498,000 after purchasing an additional 258 shares in the last quarter. Oppenheimer & Co. Inc. lifted its position in BlackRock Health Sciences Trust by 5.9% during the third quarter. Oppenheimer & Co. Inc. now owns 6,715 shares of the company’s stock valued at $250,000 after purchasing an additional 373 shares during the last quarter. SOA Wealth Advisors LLC. grew its stake in shares of BlackRock Health Sciences Trust by 20.3% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 2,780 shares of the company’s stock worth $103,000 after buying an additional 469 shares in the last quarter. Finally, HBK Sorce Advisory LLC grew its stake in shares of BlackRock Health Sciences Trust by 3.8% in the 4th quarter. HBK Sorce Advisory LLC now owns 13,160 shares of the company’s stock worth $554,000 after buying an additional 476 shares in the last quarter.

About BlackRock Health Sciences Trust

BlackRock Health Sciences Trust (NYSE: BME) is a closed-end management investment company that seeks long-term total return through a combination of dividend income and capital appreciation. Managed by BlackRock Fund Advisors, the trust invests primarily in the equity securities of domestic and international issuers engaged in the health sciences sector. The portfolio typically includes common stocks, corporate bonds and convertible securities of companies involved in biotechnology, pharmaceuticals, medical devices and healthcare services.