BlackRock Science and Technology Trust (NYSE:BST) Announces $0.25 Monthly Dividend

BlackRock Science and Technology Trust (NYSE:BST) declared a monthly dividend on Friday, February 27th. Shareholders of record on Monday, June 15th will be given a dividend of 0.25 per share on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date is Monday, June 15th.

BlackRock Science and Technology Trust Stock Up 2.5%

NYSE BST opened at $47.70 on Friday. BlackRock Science and Technology Trust has a 1 year low of $34.87 and a 1 year high of $50.56. The business’s fifty day moving average is $43.86 and its two-hundred day moving average is $41.25.

Institutional Investors Weigh In On BlackRock Science and Technology Trust

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Arkadios Wealth Advisors lifted its holdings in shares of BlackRock Science and Technology Trust by 4.7% during the fourth quarter. Arkadios Wealth Advisors now owns 7,779 shares of the company’s stock valued at $315,000 after purchasing an additional 349 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in BlackRock Science and Technology Trust by 9.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,214 shares of the company’s stock worth $174,000 after buying an additional 355 shares during the period. Symphony Financial Services Inc. raised its holdings in BlackRock Science and Technology Trust by 5.5% during the 4th quarter. Symphony Financial Services Inc. now owns 6,863 shares of the company’s stock worth $278,000 after buying an additional 360 shares during the period. Smartleaf Asset Management LLC lifted its stake in BlackRock Science and Technology Trust by 9.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 4,254 shares of the company’s stock valued at $171,000 after buying an additional 380 shares in the last quarter. Finally, Walled Lake Planning & Wealth Management LLC lifted its stake in BlackRock Science and Technology Trust by 4.8% during the fourth quarter. Walled Lake Planning & Wealth Management LLC now owns 9,177 shares of the company’s stock valued at $372,000 after buying an additional 424 shares in the last quarter.

About BlackRock Science and Technology Trust

BlackRock Science and Technology Trust (NYSE: BST) is a closed-end management investment company that concentrates its investments in the equity securities of companies engaged in science and technology industries. Established in December 2018, the trust seeks to provide shareholders with total return through a combination of capital appreciation and current income. BST primarily targets firms involved in information technology, biotechnology, clean energy, advanced manufacturing, and other technology-driven sectors.

The trust’s investment strategy is rooted in fundamental, bottom-up analysis carried out by a dedicated team of research professionals at BlackRock.