BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) to Issue $0.16 Monthly Dividend

BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) announced a monthly dividend on Friday, January 2nd. Investors of record on Friday, March 13th will be paid a dividend of 0.1625 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 9.1%. The ex-dividend date is Friday, March 13th.

BlackRock Science and Technology Term Trust Trading Up 0.9%

NASDAQ:BSTZ traded up $0.19 during trading hours on Wednesday, reaching $21.34. The company’s stock had a trading volume of 96,395 shares, compared to its average volume of 258,596. BlackRock Science and Technology Term Trust has a one year low of $15.22 and a one year high of $23.47. The business’s 50-day moving average is $22.65 and its 200-day moving average is $22.39.

BlackRock Science and Technology Term Trust Company Profile

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.