BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) Announces $0.16 Monthly Dividend

BlackRock Science and Technology Term Trust (NASDAQ:BSTZ) announced a monthly dividend on Friday, December 12th. Investors of record on Monday, December 22nd will be given a dividend of 0.1625 per share on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 8.4%. The ex-dividend date is Monday, December 22nd.

BlackRock Science and Technology Term Trust Stock Up 2.9%

Shares of BSTZ stock opened at $23.27 on Friday. BlackRock Science and Technology Term Trust has a one year low of $15.22 and a one year high of $23.30. The company has a 50 day moving average price of $22.16 and a 200 day moving average price of $21.55.

BlackRock Science and Technology Term Trust Company Profile

BlackRock Science and Technology Term Trust (NASDAQ: BSTZ) is a closed-end management investment company that provides targeted exposure to companies engaged in the science and technology sectors. Listed on the NASDAQ stock exchange, the trust seeks to deliver total return composed of capital appreciation and monthly distributions over a defined term. It operates as a term trust, with an anticipated liquidation date in August 2028, at which point shareholders will receive proceeds based on the trust’s net asset value.

The trust’s investment strategy is centered on equity and equity-related securities of companies involved in advancing scientific research, technological innovation and related applications.