BlackRock Science and Technology Trust (NYSE:BST) to Issue $0.25 Monthly Dividend

BlackRock Science and Technology Trust (NYSE:BST) announced a monthly dividend on Friday, January 2nd. Investors of record on Tuesday, January 20th will be paid a dividend of 0.25 per share on Friday, January 30th. This represents a c) annualized dividend and a yield of 7.3%. The ex-dividend date is Tuesday, January 20th.

BlackRock Science and Technology Trust Trading Up 0.1%

Shares of BlackRock Science and Technology Trust stock opened at $41.06 on Friday. The company has a 50-day moving average of $40.38 and a 200 day moving average of $40.33. BlackRock Science and Technology Trust has a 1 year low of $27.87 and a 1 year high of $44.50.

Hedge Funds Weigh In On BlackRock Science and Technology Trust

A number of hedge funds have recently bought and sold shares of BST. Jones Financial Companies Lllp bought a new stake in BlackRock Science and Technology Trust during the 3rd quarter valued at about $26,000. Guerra Advisors Inc bought a new position in shares of BlackRock Science and Technology Trust in the third quarter worth approximately $39,000. AdvisorNet Financial Inc grew its holdings in shares of BlackRock Science and Technology Trust by 83.7% during the second quarter. AdvisorNet Financial Inc now owns 1,363 shares of the company’s stock valued at $52,000 after buying an additional 621 shares during the last quarter. Advisory Services Network LLC bought a new stake in shares of BlackRock Science and Technology Trust during the third quarter valued at approximately $121,000. Finally, JPMorgan Chase & Co. increased its position in shares of BlackRock Science and Technology Trust by 36.6% during the second quarter. JPMorgan Chase & Co. now owns 3,859 shares of the company’s stock valued at $147,000 after acquiring an additional 1,033 shares in the last quarter.

About BlackRock Science and Technology Trust

BlackRock Science and Technology Trust (NYSE: BST) is a closed-end management investment company that concentrates its investments in the equity securities of companies engaged in science and technology industries. Established in December 2018, the trust seeks to provide shareholders with total return through a combination of capital appreciation and current income. BST primarily targets firms involved in information technology, biotechnology, clean energy, advanced manufacturing, and other technology-driven sectors.

The trust’s investment strategy is rooted in fundamental, bottom-up analysis carried out by a dedicated team of research professionals at BlackRock.