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, June 5th. Investors of record on Wednesday, July 15th will be given a dividend of 0.1625 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 6.6%. The ex-dividend date is Wednesday, July 15th.

BlackRock Science and Technology Term Trust Stock Performance

NASDAQ BSTZ opened at $29.56 on Monday. BlackRock Science and Technology Term Trust has a one year low of $20.26 and a one year high of $31.88. The company’s 50 day moving average price is $29.29 and its 200 day moving average price is $25.15.

About BlackRock Science and Technology Term Trust

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.