BlackRock Science and Technology Term Trust to Issue Monthly Dividend of $0.22 (NASDAQ:BSTZ)

BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) announced a monthly dividend on Thursday, July 3rd, Wall Street Journal reports. Investors of record on Tuesday, July 15th will be paid a dividend of 0.2168 per share on Thursday, July 31st. This represents a $2.60 dividend on an annualized basis and a yield of 12.64%. The ex-dividend date is Tuesday, July 15th.

BlackRock Science and Technology Term Trust Stock Performance

Shares of BSTZ opened at $20.58 on Friday. BlackRock Science and Technology Term Trust has a 12-month low of $15.22 and a 12-month high of $22.28. The company has a 50-day moving average of $19.24 and a two-hundred day moving average of $19.63.

Hedge Funds Weigh In On BlackRock Science and Technology Term Trust

A hedge fund recently raised its stake in BlackRock Science and Technology Term Trust stock. Jane Street Group LLC grew its position in shares of BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) by 41.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 21,436 shares of the company’s stock after purchasing an additional 6,324 shares during the period. Jane Street Group LLC’s holdings in BlackRock Science and Technology Term Trust were worth $380,000 at the end of the most recent quarter.

About BlackRock Science and Technology Term Trust

BlackRock Science and Technology Term Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating in the science and technology sectors.