BlackRock Health Sciences Term Trust (NYSE:BMEZ) Plans $0.11 Monthly Dividend

BlackRock Health Sciences Term Trust (NYSE:BMEZ) announced a monthly dividend on Friday, February 27th. Shareholders of record on Monday, June 15th will be given a dividend of 0.11 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 9.1%. The ex-dividend date is Monday, June 15th.

BlackRock Health Sciences Term Trust Stock Up 0.6%

Shares of NYSE:BMEZ traded up $0.08 on Friday, hitting $14.52. 131,866 shares of the company’s stock were exchanged, compared to its average volume of 240,027. BlackRock Health Sciences Term Trust has a 12 month low of $13.67 and a 12 month high of $15.80. The business’s 50 day simple moving average is $14.29 and its two-hundred day simple moving average is $14.74.

BlackRock Health Sciences Term Trust Company Profile

BlackRock Health Sciences Term Trust (NYSE: BMEZ) is a closed-end management investment company organized as a Delaware statutory trust. Launched in March 2020, BMEZ seeks to provide total return through a combination of current income and capital appreciation by investing primarily in equity and equity-related securities of companies in the health sciences sector. The trust is structured with a fixed termination date in October 2030, at which time shareholders will vote on its liquidation, extension or conversion.

The fund’s investment portfolio is diversified across subsectors within health sciences, including biotechnology, pharmaceuticals, medical devices, diagnostics and healthcare services.