BlackRock Tchnlgy nd Prvt Eqty Trm Trst Announces Monthly Dividend of $0.05 (NYSE:BTX)

BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE:BTX) declared a monthly dividend on Thursday, September 10th. Stockholders of record on Friday, December 11th will be paid a dividend of 0.0525 per share on Tuesday, December 22nd. This represents a c) annualized dividend and a dividend yield of 7.2%. The ex-dividend date is Friday, December 11th.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst Stock Down 1.7%

Shares of BTX opened at $8.80 on Friday. BlackRock Tchnlgy nd Prvt Eqty Trm Trst has a 52 week low of $6.13 and a 52 week high of $9.44. The company has a market capitalization of $517.96 million, a price-to-earnings ratio of -3.88 and a beta of 4.61. The stock’s 50-day moving average price is $8.61 and its 200-day moving average price is $8.08.

BlackRock Tchnlgy nd Prvt Eqty Trm Trst (NYSE: BTX) is a closed-end, term investment trust listed on the New York Stock Exchange. The vehicle is structured to provide investors with exposure to technology-focused companies and private equity investments through a managed portfolio of equity securities and related instruments. As a term trust, BTX operates with a defined life and an eventual liquidation or conversion mechanism determined by the fund’s governing documents and shareholder votes.

The trust’s stated investment focus centers on companies operating in the technology sector and on private equity interests that complement its public market holdings.