BlackRock Health Sciences Term Trust (NYSE:BMEZ) Announces $0.11 Monthly Dividend

BlackRock Health Sciences Term Trust (NYSE:BMEZ) announced a monthly dividend on Thursday, September 10th. Investors of record on Friday, December 11th will be given a dividend of 0.11 per share on Tuesday, December 22nd. This represents a c) dividend on an annualized basis and a yield of 8.0%. The ex-dividend date is Friday, December 11th.

BlackRock Health Sciences Term Trust Stock Performance

Shares of BMEZ opened at $16.54 on Friday. BlackRock Health Sciences Term Trust has a twelve month low of $13.70 and a twelve month high of $17.25. The company has a 50 day moving average of $16.05 and a two-hundred day moving average of $14.99.

BlackRock Health Sciences Term Trust Company Profile

BlackRock Health Sciences Term Trust (NYSE: BMEZ) is a closed-end management investment company organized as a Delaware statutory trust. Launched in March 2020, BMEZ seeks to provide total return through a combination of current income and capital appreciation by investing primarily in equity and equity-related securities of companies in the health sciences sector. The trust is structured with a fixed termination date in October 2030, at which time shareholders will vote on its liquidation, extension or conversion.

The fund’s investment portfolio is diversified across subsectors within health sciences, including biotechnology, pharmaceuticals, medical devices, diagnostics and healthcare services.