BlackRock Health Sciences Term Trust (BMEZ) to Issue Monthly Dividend of $0.11 on July 31st

BlackRock Health Sciences Term Trust (NYSE:BMEZ) announced a monthly dividend on Friday, June 5th. Shareholders of record on Wednesday, July 15th will be paid a dividend of 0.11 per share on Friday, July 31st. This represents a c) annualized dividend and a yield of 8.5%. The ex-dividend date of this dividend is Wednesday, July 15th.

BlackRock Health Sciences Term Trust Price Performance

BlackRock Health Sciences Term Trust stock opened at $15.46 on Monday. BlackRock Health Sciences Term Trust has a 12 month low of $13.67 and a 12 month high of $15.80. The stock has a fifty day simple moving average of $14.60 and a two-hundred day simple moving average of $14.72.

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.