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

BlackRock Health Sciences Term Trust (NYSE:BMEZ) declared a monthly dividend on Friday, June 5th. Investors of record on Tuesday, September 15th will be given a dividend of 0.11 per share on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 8.0%. The ex-dividend date is Tuesday, September 15th.

BlackRock Health Sciences Term Trust Price Performance

Shares of NYSE:BMEZ opened at $16.47 on Friday. BlackRock Health Sciences Term Trust has a 1 year low of $13.70 and a 1 year high of $17.25. The business’s 50-day moving average is $16.07 and its 200-day moving average is $15.00.

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.