BlackRock Health Sciences Term Trust to Issue Monthly Dividend of $0.17 (NYSE:BMEZ)

BlackRock Health Sciences Term Trust (NYSE:BMEZ) declared a monthly dividend on Monday, May 5th, Wall Street Journal reports. Shareholders of record on Thursday, May 15th will be paid a dividend of 0.1712 per share on Friday, May 30th. This represents a $2.05 annualized dividend and a dividend yield of 14.06%. The ex-dividend date is Thursday, May 15th.

BlackRock Health Sciences Term Trust has raised its dividend by an average of 1.6% annually over the last three years.

BlackRock Health Sciences Term Trust Stock Up 3.3%

Shares of BMEZ stock opened at $14.61 on Tuesday. The stock has a fifty day moving average price of $14.45 and a 200 day moving average price of $15.19. BlackRock Health Sciences Term Trust has a 1 year low of $12.58 and a 1 year high of $16.75.

About BlackRock Health Sciences Term Trust

BlackRock Health Sciences Trust II’s (BMEZ) (the ‘Trust’) investment objective is to provide total return and income through a combination of current income, current gains and long-term capital appreciation. The Trust seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its total assets in equity securities of companies principally engaged in the health sciences group of industries and equity derivatives with exposure to the health sciences group of industries.